Free Calculator
AIA G702/G703 Progress Billing Calculator
Calculate AIA-style progress billing. Enter your schedule of values line items and percent complete — the calculator breaks down earned value, retainage, and amount due this period.
| Description | Scheduled Value | % Complete | Completed to Date | Retainage | Earned (less retainage) |
|---|---|---|---|---|---|
| $12,500 | −$1,250 | $11,250 | |||
| $80,000 | −$8,000 | $72,000 | |||
| $90,000 | −$9,000 | $81,000 | |||
| $36,000 | −$3,600 | $32,400 | |||
| $8,500 | −$850 | $7,650 |
Application for Payment Summary
Original contract sum$400,000
Work completed (56.8%)$227,000
− Retainage (10%)−$22,700
Total earned less retainage$204,300
− Previous payments−$0
AMOUNT DUE THIS PAY APPLICATION$204,300
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