schedule of values template

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SAMPLE SCHEDULE OF VALUES PSU PROJECT NAME CONTRACTOR APPLICATION NO. APPLICATION DATE PERIOD TO APPLICATION CERTIFICATE FOR PAYMENT A B C D E WORK COMPLETED ITEM NO. DESCRIPTION OF WORK F G STORED TOTAL PREVIOUS MATERIALS SCHEDULED APPLICATIONS NOT IN VALUE D E D OR E THIS PERIOD STORED TO DATE D E F H I BALANCE TO FINISH C - G RETAINAGE 1. 00 General Conditions 1. 01 Project Management 1. 02 General Superintendent 1. 03 Superintendents 1. 04 Safety Engineer 1. 05 Scheduling 1. 06 Field...
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.03 Deputy to Project Superintendent (DSA) 1.04 Executive Officer to Project Superintendent. 1.05 (a) In the event that the Superintendent receives multiple information sources from relevant departments, he/she shall determine whether the information is valid. This determination shall be made on the basis of all relevant materials provided by the parties. The Superintendent shall make the final determination as to whether the information is valid. 1.06 If the Superintendent determines that the information source that is deemed to be valid is not sufficient to support the selection of the project, the Superintendent shall request additional information from any of the parties that requested the information in another category or categories if additional information from the other party is required. 1.07 If the Superintendent determines that the information source that is deemed to be valid is not sufficient to support the selection of a specific project or category of project, he/she shall return the application for review and, if the decision is negative, may submit a new application to the relevant department with regard to the selected project. This may be accompanied by additional material that is deemed to be valid. 1.08 In the event that there is more than one applicant for a particular project and more than one set of documents supporting the selection of one project, the project shall not be selected until all the documents supporting the selected project are submitted. If, after approval of a request for consideration of applications, the Superintendent determines in his/her sole discretion that the information required for a decision is insufficient to make an informed decision or that additional information is required, the Superintendent shall, unless the applicable statute or rule provides otherwise, notify the parties of these reasons and of the specific procedures for seeking additional information. When an application is returned for review and the Superintendent determines further that information may be required, the supervisor shall make the decision to accept the applications into consideration or to reject them upon consideration. 1.09 In the event that the Superintendent receives information from or about a party without the party's consent, he/she shall make every effort, as reasonably practicable, to correct the information. 2. SUBMISSION OF THE APPLICATIONS 2.01 All applicable documents shall be submitted by the applicants. 2.02 Applications shall be reviewed, without any request for amendments, by the Superintendent. 3. NOTIFICATION OF ALL DATES 3.01 Notice of approval shall be sent out at least 90 days prior to the start of the project. 3.02 The date of approval shall be the date the application is returned to the applicant and its submission is received. 3.
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Good day and welcome to HVAC 350 this will be a short lecture on a schedule of values assignment which I've made as a bonus assignment it will not count against you in the class if you do it'll be extra credit points for the class itself what I'd like to do is just talk about the schedule of values real quick again a schedule values its purpose is to justify monetarily what we're trying to build for on a project it also pulls it will resemble it could resemble the actual schedule of the project it doesn't have to, but really this is set up so by CSI specification section we have some type of labor materials assigned to it now if we look at this sample one that I'm asking you to do these items right here are all going to be subcontractors if I were to come in and look at this project here you can see that's for example we have a hydroponic heating subcontractor marked up at twenty-seven thousand five hundred and twenty-two dollars so what I would want to do if we look at the hydroponic system here it's 45% material which would be fifty-five percent labor for that part of the project so if I were to go ahead and put this in here again the number the total number for it is going to be twenty where do they put ten twenty-seven thousand five hundred twenty-two dollars and when I put that number in there I have to break out the labor and materials portion of it so if I were to take 45% for the materials portion it would end up being twelve thousand and three eighty-four ninety and for the labor portion would be fifteen thousand one thirty-seven ten and what that would do is again this is the marked up price that's going to be on our estimate and what we want to do is just fill that there were numbers and as we go along now one of the things in the lecture that I gave you on the schedule of values is we have to put in a mobilization fee I would put in five percent of the contract amount the contract amount from the Excel spreadsheet that I gave you was nine fifty-eight one eighty-eight nine hundred fifty-eight thousand one eighty-eight, so I put five percent of that there I don't believe there was a performance pans about go to zero there's project management and coordination that's in the project in one of the sheets you want to put in again that would be a marked up price, so it'd be the number that we might have in this sheet here and if I were to find that see it might be right here you can see project management numbers here you can see the dollar amounts that they are this here is a certain cost for it, you'll be when you look at the recap sheet the project management is just part of this sheet here and these are cost numbers off of those sheets for materials and labor so what I would ask you to do is to go ahead as you do this and when you use any of the sheets that are in here and again like this information here I would go ahead, and I would make sure you mark that up whatever the overhead percentage is for the project which I believe was...
What is schedule values form?
The schedule of values (SOV) is one of those documents that touches everyone from the project manager to the accountant. At its most simple, a schedule of values is a start-to-finish list of work items on a project that represent the entire project from beginning to end and the entire contract price.
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