For most contractors and subcontractors in the construction industry, progress billing and AIA billing are nothing new. Pay apps provide ways for contractors and subs to get paid during the course of a long-term project. The documentation that goes along with them is part of the process. Still, the AIA G702 G703 fillable forms come with a few disagreeable terms and a lot of resentment. While it's true that these documents are in no way a perfect solution for professionals in the construction industry, there are some misconceptions about AIA G702/G703 documents.
Misconception 1: AIA-style forms are the only way to submit pay apps
The AIA G702 and G703 are widely recognized as the industry standard for pay apps related to progress billing. Yet, that doesn't mean they're the only option. The AIA produces some of the most commonly used construction contracts in the industry. The contract governs all aspects of the project. They designed the G702 and G703 to correspond with these contracts. However, you can use other documents to achieve the same results. The most common alternatives for the AIA G702 G703 fillable forms include:
