G702 Calculator Example only

G702 Calculator (AIA-Style Example)

Quick answer:

This calculator estimates the pay app “payment due” using common G702-style math: (Completed + Stored to Date − Retainage) − Prior Payments. It’s an educational example (not an official AIA form).

PayAppPro generates AIA-style outputs and is not affiliated with or endorsed by the American Institute of Architects (AIA). AIA®, G702® and G703® are registered trademarks of the AIA. Official AIA Contract Documents are offered by ACD Operations, LLC.
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This calculator mirrors the math reviewers expect on many AIA-style pay application cover sheets: contract value, completed work, stored materials, retainage, prior payments, and the current payment due.

If you need a “what it looks like when filled out” reference, see: G702 example (filled out). If you keep getting kicked back, use: rejection checklist.

AIA-Style Calculator Inputs

Enter your values below and click Calculate. Watch the warnings—most reviewer kickbacks are visible right here.

Project & Contract
$
$
Use negative values if approved changes reduce the contract.
Progress & Stored Materials
$
$
$
Tip: stored can be positive or negative if stored materials are being installed (stored decreases as work-in-place increases).
Retainage & Prior Payments
%
Common: 5% or 10% (but follow your contract).
$

Educational illustration only. This page does not generate official AIA documents.

AIA-Style Results (Example Only)

These results illustrate common G702-style math. Always follow your project’s contract requirements.

Not calculated
Contract Summary
1. Original Contract Sum $0.00
2. Net Change by Change Orders $0.00
3. Contract Sum to Date $0.00
Work Completed & Stored
4. Total Completed & Stored to Date $0.00
5. Percentage of Completion 0.0%
Retainage
6. Retainage $0.00
Earned Less Retainage
7. Total Earned Less Retainage $0.00
Payments
8. Less Previous Certificates for Payment $0.00
9. Payment Due This Application $0.00
10. Balance to Finish $0.00

Want the full workflow (SOV rollforward, retainage consistency, clean PDFs)? Generate a pay app in PayAppPro.

Also useful: filled-out example · rejection checklist

How This Calculator Works

This page follows the familiar structure of many AIA-style G702 cover sheets. It helps you understand how contract value, work completed, stored materials, retainage, and prior payments roll into the amount due for a billing period.

Typical payment due formula
(Completed + Stored to Date − Retainage) − Prior Payments
On real projects, the “hard part” is consistency across periods and tying totals back to the continuation sheet (G703/SOV).

If you’re aligning pay apps with accounting (especially QuickBooks), the approval gap is where things drift: progress billing in QuickBooks Online.

FAQ

Short answers for common “why is this number weird?” moments.

No. This calculator is an educational, AIA-style example to help illustrate common pay application math. It is not an official AIA document and does not reproduce copyrighted AIA forms.

It follows typical G702-style logic: Contract Sum to Date = Original Contract + Net Change Orders. Total Completed & Stored to Date = Previous Completed + This Period Work + Stored This Period. Retainage = Total Completed & Stored × Retainage %. Earned Less Retainage = Total Completed & Stored − Retainage. Payment Due = Earned Less Retainage − Previous Certificates.

A negative result usually means previous payments/certificates exceed earned-to-date after retainage, or an input is off. On real projects, it can also indicate overpayment, a correction, or a timing mismatch between approval and invoicing.

Not necessarily. In many workflows, stored materials should decrease as materials are installed and move into work-in-place. If stored only increases and never backs out, reviewers often flag it as double counting.
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