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Schedule Of Values Form.pdf DOWNLOAD HERE SCHEDULE OF VALUES Welcome to the Texas Department of ... http://ftp.dot.state.tx.us/pub/txdotinfo/mnt/prop exchange/shed values/form b.pdf Schedule of Values

How to fill out schedule of values form

How to fill out a schedule of values form:

1. Start by gathering all the necessary information. This includes the project details, such as the project name, address, and owner's information. You will also need a list of all the contractors, subcontractors, and suppliers involved in the project.
2. Next, divide the project into its various phases or categories. Common categories may include electrical work, plumbing, landscaping, or materials. This will help organize the schedule of values form and make it easier to track the progress and payments related to each category.
3. Assign a dollar value to each category or phase of the project. This should reflect the expected or estimated cost for each aspect of the project. Make sure to consider any additional expenses or contingencies that may arise during construction.
4. List each contractor, subcontractor, or supplier on the schedule of values form. Include their contact information, scope of work, and the dollar amount you have assigned to their category or phase. This will help ensure that everyone involved in the project is accounted for and properly compensated.
5. Review the schedule of values form for accuracy and completeness. Double-check the dollar amounts and verify that all contractors, subcontractors, and suppliers are included. Make any necessary revisions or additions before submitting the form.

Who needs a schedule of values form:

1. General Contractors: A schedule of values form is essential for general contractors as it helps them track the progress and payments for each phase or category of a construction project. It ensures that all parties involved are paid accurately and on time.
2. Subcontractors: Subcontractors also need a schedule of values form as it allows them to monitor their progress and payments within the project. It helps them verify that they are being compensated fairly for their work.
3. Owners or Developers: Owners or developers of a construction project benefit from a schedule of values form as it provides them with a clear overview of the project's financial status. It helps them ensure that the project is staying within budget and that all payments are properly distributed.

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What is schedule of values form?

Schedule of values form is a document that details the breakdown of costs for a construction project.

Who is required to file schedule of values form?

Contractors and subcontractors involved in the construction project are required to file schedule of values form.

How to fill out schedule of values form?

To fill out schedule of values form, one must list all the costs associated with the project, including materials, labor, equipment, and overhead.

What is the purpose of schedule of values form?

The purpose of schedule of values form is to provide a clear and transparent overview of the project's costs to all parties involved.

What information must be reported on schedule of values form?

Information such as cost breakdown, labor expenses, material costs, equipment costs, and any applicable overhead expenses must be reported on schedule of values form.