When To Use
Use G742CW™ when a design-builder on a cost-of-the-work project without a Guaranteed Maximum Price needs to apply for a progress payment.
What It Does
G742CW is a payment application for design-builders using the cost-of-the-work payment model. It shows actual costs incurred and documents funds shifted between line items. It pairs with the G743CW Continuation Sheet to present costs incurred to date transparently for the owner to certify and release funds.
Additional Information
It is commonly referred to as an AIA billing form, progress billing form, or pay app.
