Construction
Schedule of Values
Description
Simplify your payment applications with a professional Schedule of Values template. Break down project costs, track completed work, and prepare accurate billing in minutes—no more manual calculations or formatting headaches.
What's Inside:
Payment Application Tab
Track billing, retainage, and payments AIA-style.
Payment Application Tab
Track billing, retainage, and payments AIA-style.
Payment Application Tab
Track billing, retainage, and payments AIA-style.
Cost Breakdown Tab
Organize labor, materials, and subs with auto-calculations.
Cost Breakdown Tab
Organize labor, materials, and subs with auto-calculations.
Cost Breakdown Tab
Organize labor, materials, and subs with auto-calculations.
Automatic Retainage & Totals
No math required—everything updates automatically.
Automatic Retainage & Totals
No math required—everything updates automatically.
Automatic Retainage & Totals
No math required—everything updates automatically.
Sample + Blank Files
Start from scratch or use the sample version as a guide.
Sample + Blank Files
Start from scratch or use the sample version as a guide.
Sample + Blank Files
Start from scratch or use the sample version as a guide.
Files unlock instantly after license activation.
One-time payment gives you full access to every template in the library.
Unlock the Entire Template Library
Get instant lifetime access to every current and future spreadsheet — in both Excel and Google Sheets. No subscriptions. No limits.
Unlock the Entire Template Library
Get instant lifetime access to every current and future spreadsheet — in both Excel and Google Sheets. No subscriptions. No limits.
Unlock the Entire Template Library
Get instant lifetime access to every current and future spreadsheet — in both Excel and Google Sheets. No subscriptions. No limits.
Billing shouldn’t feel like math homework. This template makes payment apps so simple you’ll actually send them on time.
Meet The Schedule of Values Template
A professional, easy-to-use spreadsheet designed to simplify progress billing and payment tracking.
Create Professional Pay Applications
Built in the familiar AIA-style format (G702 & G703), this template lets you generate clear, consistent pay applications without manual setup.
Create Professional Pay Applications
Built in the familiar AIA-style format (G702 & G703), this template lets you generate clear, consistent pay applications without manual setup.
Track Progress & Remaining Balance
Update each line item’s progress and see totals, retainage, and remaining balances calculate instantly. Stay accurate every billing cycle.
Track Progress & Remaining Balance
Update each line item’s progress and see totals, retainage, and remaining balances calculate instantly. Stay accurate every billing cycle.
Duplicate for Each Billing Period
Easily duplicate your sheet to create Pay App #2, #3, and beyond — keeping all formulas, formatting, and totals intact.
Duplicate for Each Billing Period
Easily duplicate your sheet to create Pay App #2, #3, and beyond — keeping all formulas, formatting, and totals intact.
Print-Ready, Client-Ready Design
Designed to look professional on-screen or on paper. Export or print your pay applications directly from the template.
Print-Ready, Client-Ready Design
Designed to look professional on-screen or on paper. Export or print your pay applications directly from the template.
What You Can Do With It
Bill with accuracy, track progress, and maintain clear payment records for every project — all in one organized template.
Contractors
Create accurate payment applications with built-in calculations for previous, current, and total billings.
Contractors
Create accurate payment applications with built-in calculations for previous, current, and total billings.
Project Managers
Keep every billing cycle organized. Review, update, and submit progress applications with confidence.
Project Managers
Keep every billing cycle organized. Review, update, and submit progress applications with confidence.
Accountants
Track payments, retainage, and contract balances automatically for clear and consistent records.
Accountants
Track payments, retainage, and contract balances automatically for clear and consistent records.
Builders & Remodelers
Manage ongoing projects effortlessly. Generate professional pay apps that clients can understand at a glance.
Builders & Remodelers
Manage ongoing projects effortlessly. Generate professional pay apps that clients can understand at a glance.
Architects & Engineers
Maintain alignment between design, scope, and payments. Present transparent progress reports to clients.
Architects & Engineers
Maintain alignment between design, scope, and payments. Present transparent progress reports to clients.
Small Business Owners
Use one simple system for all your jobs. Duplicate it easily to speed up future billing and keep things consistent.
Small Business Owners
Use one simple system for all your jobs. Duplicate it easily to speed up future billing and keep things consistent.
What You Can Do With It
Bill with accuracy, track progress, and maintain clear payment records for every project — all in one organized template.
Contractors
Create accurate payment applications with built-in calculations for previous, current, and total billings.
Project Managers
Keep every billing cycle organized. Review, update, and submit progress applications with confidence.
Accountants
Track payments, retainage, and contract balances automatically for clear and consistent records.
Builders & Remodelers
Manage ongoing projects effortlessly. Generate professional pay apps that clients can understand at a glance.
Architects & Engineers
Maintain alignment between design, scope, and payments. Present transparent progress reports to clients.
Small Business Owners
Use one simple system for all your jobs. Duplicate it easily to speed up future billing and keep things consistent.
Trusted By Contractors Who Need Clear Payment Tracking
From small remodels to large commercial jobs, this template keeps payment schedules accurate and transparent.
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Countries Reached
The layout is clean and professional. I can fill it out each month and send it right off without worrying about errors. Really simplifies the pay app process.
LP
Logan P.
My client mentioned how clear and easy the payment application was to review. Since it follows the AIA format, the approval was much faster and there were no questions.
MD
Megan D.
Billing used to take me a couple of hours every month. Now it’s about 20 minutes, and I know the totals and retainage are correct. Big time saver.
TR
Trent R.
Retainage used to take the most time to figure out. This calculates it automatically and updates everything as I go. Makes things much easier.
VK
Vanessa K.
The format matches what our clients and lenders expect, and it looks polished. I just enter my progress numbers and send it over.
BH
Blake H.
We’re a small contracting company but this makes us look professional. Clients notice the difference. Easy to tweak categories when needed.
KS
Kara S.
Submitting pay apps is less stressful now that everything is organized and clear. I don’t have to double-check everything over and over anymore.
DJ
Dylan J.
The categories are easy to adjust for different projects. I added some lines to fit my scope and it stayed neat and easy to read.
AW
Angela W.
When I sent this to the architect and the lender, neither of them came back with any questions. Everything was clear, and it saved me at least a couple of days of back-and-forth.
CM
Colton M.
The finished pay app looks good and the client was happy with how easy it was to follow. Speeds up approvals and cuts down on confusion.
LT
Leah T.
The layout is clean and professional. I can fill it out each month and send it right off without worrying about errors. Really simplifies the pay app process.
LP
Logan P.
My client mentioned how clear and easy the payment application was to review. Since it follows the AIA format, the approval was much faster and there were no questions.
MD
Megan D.
Billing used to take me a couple of hours every month. Now it’s about 20 minutes, and I know the totals and retainage are correct. Big time saver.
TR
Trent R.
Retainage used to take the most time to figure out. This calculates it automatically and updates everything as I go. Makes things much easier.
VK
Vanessa K.
The format matches what our clients and lenders expect, and it looks polished. I just enter my progress numbers and send it over.
BH
Blake H.
We’re a small contracting company but this makes us look professional. Clients notice the difference. Easy to tweak categories when needed.
KS
Kara S.
Submitting pay apps is less stressful now that everything is organized and clear. I don’t have to double-check everything over and over anymore.
DJ
Dylan J.
The categories are easy to adjust for different projects. I added some lines to fit my scope and it stayed neat and easy to read.
AW
Angela W.
When I sent this to the architect and the lender, neither of them came back with any questions. Everything was clear, and it saved me at least a couple of days of back-and-forth.
CM
Colton M.
The finished pay app looks good and the client was happy with how easy it was to follow. Speeds up approvals and cuts down on confusion.
LT
Leah T.
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Common Questions Answered Clearly
Still have questions? Here are clear answers to the most common ones.
What is a Schedule of Values template used for?
What is a Schedule of Values template used for?
Is this template similar to the G702/G703 payment application format?
Is this template similar to the G702/G703 payment application format?
Does the template calculate retainage and balance automatically?
Does the template calculate retainage and balance automatically?
Can I customize the cost breakdown and line items?
Can I customize the cost breakdown and line items?
How does this template simplify payment applications?
How does this template simplify payment applications?
Is this compatible with both Excel and Google Sheets?
Is this compatible with both Excel and Google Sheets?
Can I use this for any type or size of construction project?
Can I use this for any type or size of construction project?
How many line items can I include, and can I add more?
How many line items can I include, and can I add more?
Can I print or share the Schedule of Values with clients?
Can I print or share the Schedule of Values with clients?
Do you offer refunds?
Do you offer refunds?
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