Free Schedule of Values Templates (Word, Excel, PDF)
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by constancecrawford
Construction payments run more smoothly when the contract sum is divided into clear line items everyone has agreed on. These 44 schedule of values templates give contractors a starting structure for listing each phase of work, its value, and the percentage complete. General contractors, subcontractors, and project managers can use them for progress billing and draw requests instead of formatting a sheet from scratch.
The collection includes Word and PDF layouts for tidy submittals and signatures, along with Excel sheets that calculate each draw automatically as you fill in values. Enter your project's line items, set the amounts, and you have a payment schedule ready to submit. Download the version that matches your contract and move on to the actual work.
Choose from 44 Schedule of Values Templates
Schedule Of Values
Frequently Asked Questions about Schedule of Values Templates
Are these Schedule of Values templates free to download?
Yes. Every Schedule of Values template in this collection is free to download from TemplateSpark. Just open the template you need, download it, and start editing right away — no subscription required to get started.
What file formats are available for Schedule of Values templates?
These Schedule of Values templates are available in Word, Excel, and PDF. Pick the format that matches your workflow — each download keeps the original layout so it looks right whether you open, print, or share it.
Can I edit these Schedule of Values templates?
Yes. The editable files open in Microsoft Word (and compatible apps like Google Docs or LibreOffice), so you can change the text, colors, and layout to fit your needs, then save or export the finished Schedule of Values document.
How many Schedule of Values templates can I choose from?
This page collects 44 Schedule of Values templates so you can compare styles and layouts in one place. Browse the options, open the one that fits your purpose best, and download it in your preferred format.
Can I use Schedule of Values templates for commercial purposes?
In most cases, yes — these Schedule of Values templates are intended for both personal and business use. Check the license note on the template before redistributing or reselling, and avoid sharing the source files as your own product.
What is a schedule of values in construction?
A schedule of values is a detailed breakdown of a construction contract sum into individual line items. Each item lists a portion of work and its assigned dollar value. It serves as the basis for tracking progress and processing payment applications as the project moves forward.
What sections should a schedule of values include?
A typical schedule of values lists each item of work, a description, the scheduled value, work completed previously, work completed this period, stored materials, total completed to date, the percentage complete, and the balance remaining. Together these columns let owners verify progress before releasing payment for each phase.
Who prepares the schedule of values on a project?
The general contractor usually prepares the schedule of values, then submits it to the owner or architect for review and approval before the first payment application. Subcontractors may provide values for their portions, but the contractor compiles them so the totals match the agreed contract sum.
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