40 Best Schedule Of Values Templates

1. Accurate Line-Item Detailing
Break down the project into individual items with clear descriptions, quantities, and unit costs. This ensures the schedule of values reflects actual work and supports transparent progress payments and audits.

2. Consistent Unit Pricing and Totals
Use uniform units and pricing across all templates and subcontractors to avoid discrepancies during approvals. Regularly reconcile line item totals with the overall contract value and change orders.

3. Clear Approval and Change-Management Process
Define who can approve values and how changes are captured, documented, and communicated. Establish a workflow that ties value updates to progress measurements and payment applications.