Schedule of Values (SOV) in Construction: A Complete Guide to Accurate Billing & Payment Management

A Schedule of Values (SOV) is a vital financial document in construction, breaking down project costs and ensuring fair, timely payments. This guide explores the importance of an SOV, how it works, and best practices for creating one. Learn how an accurately prepared SOV can improve cash flow, prevent payment disputes, and keep your project on track. Whether you're a contractor, project manager, or owner, understanding SOVs is key to financial transparency and project success.

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