View Schedule of Values Column Overview

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Allows you to show or hide line item details.

Phase Code

Identifies the budget line items in an SoV. Lines are sorted by the first digit of the phase code. If the SoV includes more than nine lines, use leading zeros to sort items correctly.

For example, to ensure line items sort correctly, use 001, 010, and 100 for 1, 10, and 100.

Description

Describes the line item. This is the description that will appear on an invoice for a line item.

Organization/Subcontract

Lists the organization contracted for the line and links to the Contract Maintenance page. If the column lists New, it links to the Contract Maintenance page so you can create a new subcontract.

See Creating Subcontracts Manually.

Scheduled Value Amount

Current value for the line item, including the  Adjustment Amount.

Net Change by C/O Amount

Total value of change orders (positive or negative) that impacts the line item.

Contract Sum to Date Amount

Value of the line item plus or minus the Net Change by C/O amount.

Billed To Date Amount

Amount invoiced to date (changes based on Draw Context).

% Comp

Percentage of the line item completed so far.

Retention to Date Amount

Amount of retention held back.

Balance Due

Net balance on the contract (the amount left to pay on the contract)
This amount is equal to the Balance to Complete + Retention to Date Amount.

Balance to Complete

Amount left to bill on the contract (the total amount of work outstanding on the contract).

This amount is equal to the Contract Sum to Date minus the Billed to Date Amount. 

View Schedule of Values with Contract Level Retention

If the Contract Level Retention setting is selected on the Project Settings page, the retention values will display in a box on the right-hand side of the page above the SoV table.

Held This Period

Amount held for the current draw.

Held Previous (if applicable)

Total amount held in previous draws (minus any previously requested retention).

Held to Date (if applicable)

Total amount held including the current draw.