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.

DescriptionScheduled Value% CompleteCompleted to DateRetainageEarned (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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