



Using SOV to justify additional costs What are the owner's rights to audit the contractor's books and records to verify the accuracy of the Schedule of Values?
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what is an sov in construction Informational
- SOV in project completion
- Addressing profit concerns using SOV What are the considerations for developing a Schedule of Values for a project that involves specialized or unique construction techniques or materials?
- Accounting for performance-related payments in SOV What are the potential benefits of using a Schedule of Values that provides a clear and concise summary of the overall project costs?
- Finding ways to manage expenses better through SOV analysis What are the best practices for handling costs associated with project closeout activities, such as punch lists and final documentation, in the Schedule of Values?
- SOV for rework costs
- Dangers of SOV lacking required legal affirmations How can a contractor use the Schedule of Values to track and manage the costs associated with insurance claims or potential litigation related to the project?
- SOV for shared cost allocation
- Including buffer amounts in SOV Can the Schedule of Values be used to track labor costs separately?
- Including surety and insurance expenses in SOV What are the best practices for managing and updating the Schedule of Values in a cloud-based project management environment?
- SOV for testing/inspection costs
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