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