top of page
Your Schedule of Values
When you are updating your home, let’s
say plans and specs for your project will
cost $3,000. Within
your Schedule of Values (“S.O.V.”), the $3,000
cost for plans and the specs will be labeled as
a dollar amount within the project – “plans
and specs, $3,000.”
Within your S.O.V. this $3,000 cost for plans
and specs will also be categorized as a
percentage of your overall project.Let’s say
your home updates will cost $125,000 in
order to complete. Your plans and specs
cost $3,000. So within your S.O.V., plans and
specs will be categorized as 2.4% of your
overall project. Itemized as a dollar amount
– $3,000 – and then itemized once again as a
percentage – 2.4% – within your S.O.V.


f
bottom of page