The AIA G703 continuation sheet is the itemized backup for the G702 application for payment. Where the G702 summarizes the whole job on one page, the G703 lists every line of your schedule of values and shows exactly how much of each you have completed. The single most important number it produces — total completed and stored to date — flows onto Line 4 of the G702.
What the G703 is
The G703 is your schedule of values with progress tracking. Each row is one line item, and each billing period you update how much of that line you completed. The columns then compute the totals, percentages, and balances automatically.
Every column, explained
- Column A — Item No.: a number for each line of the schedule of values.
- Column B — Description of Work: the scope for that line, for example “Footings” or “Slab on grade.”
- Column C — Scheduled Value: the dollar value assigned to that line. All of column C should sum to your contract sum.
- Column D — Work Completed From Previous Applications:the cumulative work installed in prior periods — the prior application's columns D plus E. Materials only stored (not yet installed) are not counted here; they stay in column F until installed.
- Column E — This Period: the work completed on that line in the current billing period.
- Column F — Materials Presently Stored: the value of materials on site but not yet installed (not already counted in D or E).
- Column G — Total Completed and Stored to Date: D plus E plus F. This is the column whose total becomes Line 4 of the G702.
- Column H — Percent (%): G divided by C — how complete the line is.
- Column I — Balance to Finish: C minus G — what is left to bill on that line.
- Retainage column: many G703s include a column showing the retainage held back per line.
How it rolls up to the G702
The G703 is where the detail lives; the G702 just totals it. The sum of column G becomes Line 4 (total completed and stored), and the total retainage becomes Line 5. Get the G703 right and the G702 fills itself in.
A small example
One line, “Concrete,” with a scheduled value of $10,000.
| Period | C (Sched.) | D (Prev.) | E (This period) | G (To date) | H (%) | I (Balance) |
|---|---|---|---|---|---|---|
| 1 | $10,000 | $0 | $4,000 | $4,000 | 40% | $6,000 |
| 2 | $10,000 | $4,000 | $3,000 | $7,000 | 70% | $3,000 |
Notice how period 2's column D equals period 1's columns D plus E — which here also matches period 1's column G only because no materials were stored. That carry-forward is the part spreadsheets get wrong when a formula breaks or a row is copied incorrectly.
Tips for a clean G703
- Column C must tie out to the contract sum (plus approved change orders).
- Add change orders as new lines so the schedule still sums correctly.
- Put stored materials in column F, and remember retainage may apply to them.
- Avoid heavy front-loading; GCs scrutinize early lines that bill faster than the work is actually progressing.
Stop building pay apps in a spreadsheet
DrawFort fills in the carry-forward, computes retainage and current payment due, handles change orders, and exports a clean G702/G703 PDF your GC can approve at a glance.