Get the free Schedule of Values - Gateway Roundabout Landscape Project 1
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GATEWAY ROUNDABOUT LANDSCAPE SCHEDULE OF VALUES Gateway Roundabout Landscape ProjectQuantityUnit1 1 1LS LS Unit Price Site Preparation: General Conditions and Mobilization Survey Stakeout Erosion
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How to fill out schedule of values
How to fill out schedule of values
01
To fill out a schedule of values, follow these steps:
02
Start by listing all the items or services that will be included in the project.
03
Assign a unique code or number to each item or service for easy reference.
04
Set a budgeted amount for each item or service based on cost estimates or historical data.
05
Group similar items or services together for better organization.
06
Include any necessary descriptions or specifications for each item or service.
07
Calculate the total budgeted amount for the entire project.
08
Review and double-check all the information to ensure accuracy.
09
Update the schedule of values as needed throughout the project.
10
Share the schedule of values with relevant stakeholders, such as contractors or project managers.
Who needs schedule of values?
01
A schedule of values is typically needed in construction and engineering projects.
02
It is used by various parties involved in the project, including the owner or client, contractors, subcontractors, and suppliers.
03
The schedule of values helps in tracking and managing the progress of the project, determining payment milestones, and ensuring transparency and accountability.
04
It is also useful for cost control, budgeting, and financial reporting purposes.
05
Overall, anyone involved in a project that requires detailed cost breakdown and payment schedule can benefit from a schedule of values.
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What is schedule of values?
Schedule of values is a detailed list of line items and their corresponding values that make up the total contract sum for a construction project.
Who is required to file schedule of values?
Contractors, subcontractors, and suppliers involved in a construction project are typically required to file a schedule of values.
How to fill out schedule of values?
To fill out a schedule of values, contractors must list all line items of work, quantify the work to be done, and assign a value to each item.
What is the purpose of schedule of values?
The purpose of a schedule of values is to breakdown the total contract sum into specific line items, making it easier to track progress and payments throughout the project.
What information must be reported on schedule of values?
A schedule of values must include a detailed list of work items, corresponding quantities, unit prices, and total values for each line item.
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