AIA G703

The continuation sheet commonly paired with an AIA G702. It shows the schedule of values, work completed, stored materials, and remaining balance by line item.

Why it matters

The detail helps a reviewer connect the requested amount to the work. Prior-period values should roll forward consistently, and a material previously paid as stored should not be paid a second time when installed. Different contracts may use other forms with similar functions.

In practice

A project example

A mechanical equipment line moves value from stored materials to installed work when the equipment is placed. That transfer does not itself create another earned payment.

General educational guidance from KOW Building Consultants. Examples are illustrative, not project records. The applicable contract, standard, program, and jurisdiction control the requirements for a specific assignment.