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Schedule of Values / Pay App Builder for Commercial Contractors

Build a clean schedule of values for one billing period using common commercial pay app workflow conventions. No spreadsheets. Not an official AIA form generator.

Project Header

%
$
$
Contract Sum to Date$0.00

Original Contract Sum + Net Change by Change Orders

Schedule of Values

No line items yet

Click “Add Line Item” to start building your schedule of values

Pay App Summary

Contract Sum to Date$0.00
Total Completed and Stored to Date$0.00
Total Retainage Withheld to Date$0.00
Total Earned Less Retainage$0.00
Less Previous Certificates for Payment
$
Current Payment Due$0.00
Balance to Finish Including Retainage$0.00

Validation Status

ERRORS

Hard Errors (Block Export):

  • Project name is required
  • Contractor name is required
  • Owner name is required
  • Period from date is required
  • Period to date is required
  • Original contract sum is required and must be greater than zero
  • At least one line item is required

Export Actions

Disclaimer: This tool helps you prepare an internal billing artifact. It does not generate official AIA forms or legal documents.

Real Commercial Example

A mechanical contractor bills Application #4 for a commercial office building HVAC renovation. Here’s how the numbers work:

Original Contract Sum$285,000
Net Change Orders+$15,200
Contract Sum to Date$300,200
Retainage Percentage10%
Previous Certificates$98,400
Application Number4

Schedule of Values (8 line items):

1. Demo & Prep

$28,000

2. Rough-In

$52,000

3. Ductwork

$48,500

4. Controls

$41,200

5. Equipment

$78,000

6. VAV Boxes

$26,500

7. Testing

$18,000

8. Closeout

$8,000

Pay App #4 Summary:

Total Completed

$162,400

Retainage Held

$16,240

Earned Less Ret.

$146,160

Current Payment

$47,760

This application bills for work completed this period, accounts for 10% retainage, and subtracts what was already paid in Applications #1-3.

Why This Matters

SOV structure controls cash flow

A clean schedule of values defines what can be billed when. Disorganized SOVs lead to disputes, delayed payments, and underbilling that hurts cash position.

Math errors delay payment

One wrong calculation in a pay app can hold up the entire check. Owners and architects reject applications with errors, forcing rework and lost time.

Retainage and prior billing matter

What you can bill now depends on what you already billed and what retainage is still held. Skipping these checks creates overbilling and reconciliation problems.

ONE PAY APP VS EVERY JOB

This builder helps you prepare one pay app.

Quoteloc helps your team standardize quote control, track approved value, and reduce manual billing prep risk across every job.

Stop rebuilding the same pay app support from scratch every month.

WITHOUT QUOTELOC

Manual spreadsheets, disconnected change history, billing prep risk

WITH QUOTELOC

Controlled quote value, organized changes, less manual billing prep risk