Free Schedule of Values Template for Construction Billing (Excel Format)
Track Your Billing, Retainage, and Job Progress.
Track billing, retainage, and progress with a clean, contractor-ready spreadsheet.
What Is a Schedule of Values?
A Schedule of Values (SOV) breaks down a contract into line items for billing. It shows the value of each scope item, how much has been billed to date, and what’s left.
How It Works:
Fill in your project total, enter line items for each scope, and start tracking monthly billings. This form includes columns for:
Original contract value
Approved change orders
% Complete
Current billing
Retainage
Why This Template Is Better:
AIA forms are expensive and filling these forms by hand is inconsistent. We built this for subs who need something they can actually use, without getting buried in formulas.