Schedule of Values Importance

A well-structured Schedule of Values (SOV) is essential for transparent billing and financial accountability on any construction project. At R.W. Stanley, INC., we assist contractors in developing, auditing, and maintaining detailed SOVs that align with contract deliverables and payment terms. Our team ensures that line items are logically broken down to match the project scope, draw schedule, and approved construction schedule. Whether you're submitting to a federal agency, a commercial client, or a financial institution, we make sure your documentation holds up under review.

Our Approach

Our approach includes cross-referencing the SOV with the baseline schedule to verify that cost loading and projected completion align with actual construction sequencing. We also coordinate the SOV with the original estimate, subcontractor scopes, and any unit cost or allowance items. By ensuring stored materials, mobilization, and general conditions are proportionally allocated, we help contractors avoid delays during invoice approvals. This minimizes payment disputes and improves cash flow throughout the project.

What We Offer

In addition to preparing initial submissions, we help contractors defend or negotiate their SOV during review cycles. Our services include formatting in standard government or AIA formats, reviewing markup percentages, and ensuring consistency with the payment application process. We also assist with aligning earned value reporting to track actual progress against both the SOV and project schedule. The result is a transparent and defensible billing structure that supports timely payment and contract compliance.