AIA Draw Forms definition

AIA Draw Forms mean the AIA Form G702 Application and Certificate for Payment and the AIA Form G703 Continuation Sheet, which are completed by the General Contractor and executed by the Borrower, the General Contractor and the Architect.

Examples of AIA Draw Forms in a sentence

  • Each issuance of the AIA Draw Forms shall provide for a retention of ten percent (10%) of the amount due.

  • The Company shall not prohibit the wearing of the current Union membershipbutton.

  • If any discrepancy exists between the amounts as shown by the executed copies of the contracts, the AIA Draw Forms, and the verification of contract forms, the Administrative Agent shall have the right to require that such discrepancies be eliminated to its full satisfaction either prior to or subsequent to disbursement in connection therewith.