RedTeam 17. Schedule of Values

Question 1

1. What is a Schedule of Values?

Answer 1

Schedule of Values is a list of items and change orders, including a description and their scheduled value.

Question 2

2. Where do you find the Schedule of Values?

Answer 2

It is located under the Proposal Tab for a Proposal Workorder, AND under the Billing Tab for an In Progress Workorder

Question 3

3. How do you attach the Schedule of Values to the proposal for the customer?

Answer 3

From the Contract tab you have the option to attach this Schedule of Values to your Proposal (Proposal Attachments) to the Customer.

Question 4

4. What’s another definition for a Schedule of Values?

Answer 4

In construction, a Schedule of Values is a defined list of tasks that make up the work for a job as outlined in the original contract. Each line item contains one of these tasks as well as its determined value.

Question 5

5. What’s the best way to organize a Schedule of Values?

Answer 5

Because cost codes are a good way of organizing your tasks into a Schedule of Values, you may want to import your Schedule from the Workorder’s Takeoff to save time. Alternately, you may want to import a Schedule from a different Workorder.

Question 6

6. What’s the path to the Schedule of Values?

Answer 6

Menu | Workorders | | Contract tab OR Billing tab (InProgress)