Sample Schedule of Values
Prepared by: [Your Name]
Date: December 11, 2050
This Schedule of Values is a breakdown of the costs associated with the project for review and approval. Below is a detailed table listing each major work item, its value, and the corresponding percentage of the total project.
Item No. | Description | Value ($) | Percent (%) | Comments |
|---|
1 | Site Preparation | $15,000 | 10% | Work done |
2 | Concrete Foundation | $25,000 | 16% | Excavate & pour |
3 | Structural Framing | $35,000 | 23% | Wood & steel frame. |
4 | Electrical Installation | $20,000 | 13% | Wiring and lighting |
5 | Plumbing Installation | $18,000 | 12% | Pipes and fixtures |
6 | HVAC Systems | 22,000 | 15% | Heating, ventilation |
7 | Roofing | 12,000 | 8% | Roof installation |
8 | Interior Finishing | 10,000 | 7% | Painting and drywall |
9 | Final Check & Cleanup | 8,000 | 6% | Inspection & cleanup |
Notes:
All values are based on current estimates.
Payments will be made according to the completion of each milestone.
Changes in scope may adjust the total value and percentages.
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