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Payment Application
In construction, a payment application is a group of documents exchanged between parties (e.g. from Subcontractor to Prime Contractor, from Prime Contractor to Owner) during payment. On each project, the pay application process will likely differ, since the application process is governed by the construction contract. The contract should provide detail on the form to use, documents to include, and application timing and deadlines.
Payment applications may also be called billings, applications for payment, or pay apps.