Announcing Our Partnership with AIA Contract Documents

We are pleased to announce that Cloud PM has licensed several key forms from AIA Contract Documents, enhancing our platform’s capabilities for construction project management. These forms are essential for ensuring standardized and legally compliant documentation across various types of projects.

Licensed Forms Available:

• Contractor to Owner (G702 & G703): These forms facilitate the application and certification for payment, detailing the schedule of values and progress on a project.
• Subcontractor to Contractor (G702S & G703S): Similar to the contractor forms, these are used by subcontractors to document and certify payments to contractors.
• Cost of Work without Guaranteed Maximum Price (G702CW & G703CW): These forms are designed for projects where the cost of work does not have a guaranteed maximum price, providing clarity and detail in payment applications.
• Cost of Work with a Guaranteed Maximum Price (G702GMP & G703CW): These forms apply to projects with a guaranteed maximum price, helping to manage and certify costs effectively.

Benefits of Using AIA Licensed Forms with Cloud PM

By integrating these AIA Contract Documents forms into Cloud PM, we ensure that your payment applications are precise, standardized, and compliant with industry standards.

• Standardized Documentation: Use industry-recognized forms to maintain consistency and reduce errors in payment applications.
• Enhanced Transparency: Provide clear and detailed documentation for all stakeholders, ensuring smooth communication and understanding throughout the project.
• Legal Compliance: Ensure all forms are compliant with the latest AIA standards, reducing legal risks associated with payment and contract documentation.

Streamlined Financial Integration with QuickBooks Online

All calculations within the Schedule of Values are automated and seamlessly transferred to the Payment Application. This efficient process allows the Schedule of Values to be easily exported to an Invoice, ensuring a smooth transition between project details and financial records.

• Seamless Sync with QuickBooks Online: The Application and Certificate for Payment (G702) and Schedule of Values (G703) are automatically attached to the Invoice and made available in QuickBooks Online.
• Consolidated Financial Management: This streamlined integration ensures that all relevant project information is efficiently carried over to your financial management system, providing a cohesive approach to handling both project and financial aspects of your construction processes.