Free Professional Billing Schedule of Values Template

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Free Professional Billing Schedule of Values Template

Professional Billing Schedule of Values

Prepared by: [Your Name]
Date: December 11, 2050

This Billing Schedule outlines the values associated with the scope of work to be completed. It provides a clear breakdown of the payment structure, ensuring that both parties are aligned with project milestones and deliverables.

Description of Work

Scheduled Value

Amount Billed

Amount Remaining

% Completed

Site Preparation

$10,000

$5,000

$5,000

50%

Foundation Installation

$20,000

$15,000

$5,000

75%

Structural Framing

$30,000

$30,000

$0

100%

Electrical System Setup

$12,000

$4,000

$8,000

33%

Plumbing and HVAC

$15,000

$7,500

$7,500

50%

Interior Finishing

$25,000

$0

$25,000

0%

Exterior Landscaping

$8,000

$2,000

$6,000

25%

Final Inspection & Clean-Up

$5,000

$0

$5,000

0%

Contingency Reserve

$10,000

$0

$10,000

0%

Notes:

  • Scheduled Value represents the agreed-upon cost for each phase of the project.

  • The amount Billed reflects the invoiced amount to date.

  • Amount Remaining shows the balance left to be paid.

  • The % Completed shows the progress of each phase of the work.

This schedule is intended for internal use by [Your Company Name] to track project billing and completion

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