RIVET is a construction payment management platform designed specifically for subcontractors. It streamlines the billing process, from creating payment applications to tracking retainage and generating compliant lien waivers.
What RIVET Does
RIVET eliminates the manual spreadsheets and paperwork that bog down construction billing. The platform handles the complete payment lifecycle:
Create professional payment applications that follow industry-standard AIA formats. The system automatically calculates all 9 lines of the G702 and generates matching G703 continuation sheets.
Build and manage your contract breakdown with hierarchical line items. Import from Excel or CSV, or create from scratch.
Automatically calculate and track retainage held on each billing period. See exactly how much is being held and project when it will be released.
Generate state-compliant lien waivers in seconds. RIVET supports all 50 states with proper statutory forms where required. Full lien waiver features available on Pro+ plans.
Process change orders and see how they impact your contract sum and billing automatically.
Sync with QuickBooks Online or Xero to keep your books up to date without double entry.
Who Is RIVET For?
RIVET is built for subcontractors in commercial construction who:
- ✓Bill using AIA G702/G703 payment applications
- ✓Work on projects with retainage requirements
- ✓Need to generate compliant lien waivers
- ✓Want to integrate billing with their accounting software
- ✓Manage multiple active projects simultaneously
Industry Focus
Key Benefits
Save Time on Billing
What used to take hours now takes minutes. Enter your progress once and RIVET calculates everything else — from line item totals to the G702 summary. No more formula errors or manual addition.
Reduce Errors
Built-in validation catches common mistakes before you submit. The system ensures your G702 and G703 always match, your math is correct, and your percentages are accurate.
Stay Compliant
Lien waiver requirements vary by state, and using the wrong form can delay payment or create legal issues. RIVET generates the correct form for your project locationevery time.
Track Everything
Know exactly where you stand on every project. See what's been billed, what's been paid, what retainage is being held, and what's still to bill. Generate reports for your team or your accountant.
How RIVET Works
The typical workflow in RIVET follows these steps:
Enter your project details, contract amount, GC information, and retainage terms.
Set up your Schedule of Values with line items that match your contract. You can import from a spreadsheet or create manually.
When it's time to bill, create a new pay application. Enter your progress on each line item, and RIVET generates your G702 and G703 documents.
Download or send your pay application to the general contractor. Track the approval status right in RIVET.
Create the appropriate lien waivers for the billing period, with correct amounts and proper state forms.
Push invoices and payment data to QuickBooks or Xero to keep your books current.
Getting Started
Pricing Plans
RIVET offers three subscription plans to match your business size:
| Plan | Price | Projects | Docs/Month | Team | Key Features |
|---|---|---|---|---|---|
| Starter | $79/mo | 5 | 50 | 3 | AIA G702/G703, Basic lien waivers, Email support |
| Pro | $149/mo | 20 | 200 | 10 | + Full lien waivers, Retainage tracking, QuickBooks/Xero sync, Change orders |
| Scale | $249/mo | Unlimited | 500 (+$0.25 each) | 50 | + API access, Dedicated support |
Feature Availability
All plans include a 14-day free trial with full access to features. See our subscription plans article for complete details.
Next Steps
Ready to get started? Here's what to do next:
Sign up in under a minute
Configure your company settings
Start tracking a project
Need Help?
If you have questions about RIVET or need assistance getting started, our support team is here to help. Contact us at support@slpwlk.io.