PencilReq
pencil
REQ

Watch the draw come together.

Every subcontractor requisition, tracked from pencil to final — who’s in, who’s late, what’s marked up, what’s come back — so nothing is missing when the draw is due.

Request early accessSee how it works
The pay app, before it’s final. Built on the AIA G702 / G703 you already use.
Draw 14 · Meridian Residences
Period to Jun 30 · Due to lender Jul 1
Draw to date
$1,123,700 of ~$1.5M expected
Reqs in
10 / 12
SubcontractorThis periodStatus
Ridgeline Concrete
Superstructure
486,000APPROVED
Bowery Masonry
Masonry
212,500APPROVED
Apex Structural Steel
Steel
62,000REVISED
Vertex Elevator
Elevators
215,000MARKED UP
Hudson Mechanical
HVAC
148,200SUBMITTED
Crestline Glass
Curtain wall
—NOT SUBMITTED
Eastside Electric
Electrical
—NOT SUBMITTED
2 reqs not yet submitted · reminders sent Jun 24
Who it’s for

Three parties. One requisition.

SubcontractorsSubmit the pencil copy, see markups the moment they land, and resubmit without rebuilding the spreadsheet.
General contractorsRoll every sub into the project req, reconcile stored materials and retainage, and send the owner one clean draft.
Owners & lendersReview line by line, comment in place, and approve for final — with the trail of who changed what, and when.
Markups in place

Strike it, write it, send it back.

Markups live on the line they belong to, in pencil, with the note attached. The sub revises in place; the owner sees the trail. No PDF round-trips, no version seven.

Draw 14 · Meridian Residences
Submitted · under review
Hide your figuresType the amount you’ll accept this period on any line. Leave it blank to accept theirs.

This period

$763,000

was $825,000 · −$62,000

Total to date

$5,295,400

was $5,357,400 · −$62,000

Retainage

$529,540

was $535,740 · −$6,200

Payment due

$686,700

was $742,500 · −$55,800

No.Description of workScheduled valuePrior periodsThis period (theirs)Your figureTotal to date%
3Concrete superstructure4,860,0003,110,400486,000486,0003,596,40074
5Structural steel1,240,000992,000124,00062,000−$62,0001,054,00085
9Elevators2,150,000430,000215,000215,000645,00030
14Windows & curtain wall3,380,0000——00

1 line marked up · this period $825,000 → $763,000 · payment due −$55,800

Steel is 85% per the field walk, not 90. Revise and resubmit.
Send back with 1 markupClear my figures
How it works

Pencil in. Markups out. Revisions back. Draw out.

The cycle every project already runs, on a schedule that never has enough days — with every req visible the whole way through.

1
Pencil inEach sub submits against their schedule of values. The board shows who’s in and who isn’t — and chases the ones who aren’t.
2
Markups outReview by line. Strike a number, write the correction, leave the note. The sub sees it the moment you save.
3
Revisions backRevised reqs come back as new versions, never overwrites. You review what changed, not the whole thing again.
4
Draw outWhen every req is approved, the G702/G703 package is generated and the draw goes to the lender — complete, on time.
Features

Everything a req needs. Nothing it doesn’t.

G702 / G703 nativeSchedule of values, stored materials, retainage and change orders in the structure the industry signs.
Markups in placeStrike a number, write the correction, leave the note — on the line it belongs to.
Each party sees their partSubs see their own req; the GC sees the roll-up; the owner sees the project. Privity, enforced.
Status you can trustPencil, revised, approved, final — one status per req, visible to everyone who should see it.
Roll-ups across projectsPortfolio owners see every job’s req, period and status on one page.
Sign in your wayGoogle, or a one-time code sent to any email address. No new password to forget.

Run your next req in pencil.

PencilReq is onboarding a small number of NYC projects for the first billing cycles.

Request early accessOpens an email to support@pencilreq.com — tell us the project and your role.