Creating Applications

  1. Regular Billing Cycles
    • Bill on a consistent schedule (e.g., monthly).
    • Do not skip application numbers.
    • Maintain sequential numbering.
  1. Accurate Current Period Values
    • Be conservative when estimating work completed.
    • Document your basis for percentage complete calculations.
    • Consider site visits or photos to support your billing.
  1. Stored Materials
    • Only bill for materials properly stored on-site or off-site.
    • Ensure stored materials are protected and insured.
    • Follow contract requirements for stored materials billing.
  1. Review Before Finalizing
    • Double-check all calculated values.
    • Verify retainage calculations.
    • Review the Application and Certification for Payment form total against your expectations.
    • Preview the printed forms before finalizing.