schedule of values


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schedule of values

A statement furnished by the contractor to the architect reflecting the portions of the contract sum allotted for the various parts of the work and used as the basis for reviewing the contractor’s applications for progress payments.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Instead, his fixed-price contract includes a schedule of values with a $25,000 line item for "mobilization," for which he bills immediately after obtaining permits.
Cost-segregation studies that result in significant tax savings demand far more analysis than simply classifying line items from the contractor's schedule of values. An analysis of mechanical and electrical plans and blueprints, which segment the structural electrical and mechanical components from those linked to personal property, is critical.
for religion is addressed to that most sacred schedule of values around

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