What does G707 mean in construction?
Short definition
G707 is an AIA form used when a surety consents to final payment.
Longer explanation
It is often part of closeout on bonded projects where the surety needs to acknowledge final payment before remaining funds are released.
Example in context
“The project team reviewed the G707 during the construction phase.”
Common users
- Owners
- Architects
- Contractors
- Construction managers