#sovinconstruction

SOV (Schedule of Values) Management Software helps construction professionals efficiently create, organize, and track project cost breakdowns. It automates billing workflows, ensures accurate progress tracking, and improves transparency between contractors, owners, and stakeholders.

By integrating with project management and accounting systems, it reduces manual errors, streamlines pay applications, and keeps every payment aligned with work completed.

Understanding the Schedule of Values in Construction

Understanding the Schedule of Values (SOV) in construction is essential for contractors, project managers, and stakeholders to ensure smooth project execution and transparent payment processes.

A Schedule of Values is a detailed document that breaks down the entire construction project into specific work items, assigning a cost to each. It serves as a critical financial roadmap, helping owners track progress, verify completed work, and release payments fairly. By clearly outlining the value of each phase or activity, the SOV minimizes disputes, enhances accountability, and keeps both budgeting and billing in check.