Professional Billing Schedule of Values
Prepared by: [Your Name]
Date: December 11, 2050
This Billing Schedule outlines the values associated with the scope of work to be completed. It provides a clear breakdown of the payment structure, ensuring that both parties are aligned with project milestones and deliverables.
Description of Work | Scheduled Value | Amount Billed | Amount Remaining | % Completed |
|---|
Site Preparation | $10,000 | $5,000 | $5,000 | 50% |
Foundation Installation | $20,000 | $15,000 | $5,000 | 75% |
Structural Framing | $30,000 | $30,000 | $0 | 100% |
Electrical System Setup | $12,000 | $4,000 | $8,000 | 33% |
Plumbing and HVAC | $15,000 | $7,500 | $7,500 | 50% |
Interior Finishing | $25,000 | $0 | $25,000 | 0% |
Exterior Landscaping | $8,000 | $2,000 | $6,000 | 25% |
Final Inspection & Clean-Up | $5,000 | $0 | $5,000 | 0% |
Contingency Reserve | $10,000 | $0 | $10,000 | 0% |
Notes:
Scheduled Value represents the agreed-upon cost for each phase of the project.
The amount Billed reflects the invoiced amount to date.
Amount Remaining shows the balance left to be paid.
The % Completed shows the progress of each phase of the work.
This schedule is intended for internal use by [Your Company Name] to track project billing and completion
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