Draw Schedule

Here's a spreadsheet: http://www.dasny.org/construc/forms2/ScheduleofValues.xls

I hate seeing a fella break out his prices like that, but if that's what they need, that's what they'll get, I guess. Just make sure all your early tasks are inflated in value, and your ending tasks are "cheap". As long as the total price adds up. That'll give you a little cash up front to work with as you get your draws. It's a stupid game people play with commercial work. A schedule of values is mostly bogus, because you're pretty much expected to lie. Early stuff is high priced, and ending stuff is dirt cheap. You're basically telling them how much you want paid at what times, so don't screw yourself!

Ahhh... here's the article I was looking for, from a few months ago in EC&M (great magazine, by the way. A "must read"). This article is pretty much a step-by-step for electrical contractor schedule of values.

http://ecmweb.com/construction/electric_top_ten_ways/

schedule of values

Hey MD,
Here is a schedule I made up a few years back.
Probably more detailed then required. but I had fun making it.
Only used it on two jobs.

whoops, guess we can't attach excel spreadsheets!

Thank's for the info. I was kinda hoping someone had a link to an auctual example. Im not sure what to put in for discriptions when the whole job will last a month.

Tab Faber said:

Hey MD,
Here is a schedule I made up a few years back.
Probably more detailed then required. but I had fun making it.
Only used it on two jobs.

whoops, guess we can't attach excel spreadsheets!

Click to expand...

Feel free to email that to me at [email protected] and I can post it.

the key to a schedule of values is try to keep it as simple as possible. if i could get away with it i would only have one line on my schedule of values. most owners and GC's dont accept that though. so then the next step is still break thing out very generaly Site work, Service/Distribution, branch electrical, Lighting, special systems. I also like to include a mobe demobe line item. this allows me to recover some of my upfront cost before i put a man on the job.( insurance, bonding, submittals) Larger jobs become much more complecated, some of them the GC want the SV to match the project schedule. these suck on a $7million high school a pay app of over 300 pay items. i did have one owner that didnt want a line item over $2000 unless it was for large equipment install.

From my dumb 'worker-bee' stand point i assume you mean a "red-line" drawing. That is when the job is completed you draw in exactly what you did that deviated from the original print, or make an entire drawing of your own showing exactly what you did.

These type drawings can CYA if the "you know what" ever hits the fan because you have documentation of what exactly you worked on and nothing listed you didn't work on

the only projects we have that dont require redlines or asbuilts are the service type work. . most owners and enginneers we work with required these drawings along with operation/maintenance/warranty manuals be turned in before you recieve your final payment.