Louisiana Contractor's Schedule Sheet

State:
Multi-State
Control #:
US-00469-CPK
Format:
Word
Instant download

Description

This easily fillable form assists a general contractor in the planning and scheduling of the various trades involved in a specific project. The form is designed to help track the completion of certain phases of the project.

How to fill out Contractor's Schedule Sheet?

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FAQ

Construction Value or project value means the total costs to the owner for the building construction in its completed form and includes the cost of design, all building work, materials of construction, building systems, and labour and profit of the contractor and subcontractors, but does not include the cost of non-

However, the general format to expect will include columns with the following details:The description of each item of work.The total cost for each item.What you've been paid to date on the work, from prior billing periods.The percentage of the work that's been completed.Your costs for the current billing period.More items...?

A Schedule of Values (SOV) is a detailed schedule apportioning the original contract sum and all change orders, among all cost code divisions or portions of the work.

If multiple Projects/Jobs are included in one contract, then the Contractor/Vendor must create a separate Schedule of Values which clearly segregates costs among each Job for billing, reporting and audit purposes."

If the total project amount exceeds $50,000 for commercial projects, $10,000 for plumbing, electrical & HVAC, and $7,500 for residential projects, a contractor's license is required.

Why might an owner request a schedule of values submittal from the contractor before work is begun? A budget template established early on in the project against which progress payments are measured. The schedule summarizes the total project cost by the various divisions of work.

However, the general format to expect will include columns with the following details:The description of each item of work.The total cost for each item.What you've been paid to date on the work, from prior billing periods.The percentage of the work that's been completed.Your costs for the current billing period.More items...?

A Schedule of Values, or SOV, is a list of every work item on a project, along with each item's value or cost. This comprehensive work list represents the entire construction project and the entire contract price, from beginning to end.

What Should a Schedule of Values Include?Project name and number.Name of the prime or general contractor.Application number and date.Work item numbers.Description of work items.Total value of each item.Percentage of work completed.Value of work completed for past and current periods.More items...?

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Louisiana Contractor's Schedule Sheet