📊 Schedule of Values Generator

Create schedule of values (SOV) for progress billing and pay applications. Auto-calculates earned amounts, retainage, and net due.

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Interactive Generator

Schedule of Values Generator

Project Information

Project Name *

Project Number

Date *

Period Ending

Application Number

Retainage (%)

Prepared By *

Line Items

Item 001

Original ($)

Change Orders ($)

% Complete

SCHEDULE OF VALUES

Project:

Date: 4/2/2026

#	Description	Original	COs	Revised	%	Earned	Retainage	Net
TOTAL		$0.00	$0.00	$0.00		$0.00	$0.00	$0.00

Prepared By:

Date: 4/2/2026

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Best Practices

1. Be detailed - More line items = better tracking
2. Match contract - Line items should match contract structure
3. Update regularly - Update % complete monthly
4. Document changes - Track change orders separately
5. Get approval - Owner should approve SOV before first billing

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Related Resources

• Progress Billing Calculator - Calculate progress payments
• Budget Template Generator - Create project budgets

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Get SOV Approved Early

Submit your Schedule of Values for owner approval before the first pay application. This prevents billing disputes later.