What is Schedule of Values( SOV) Owner?

A break out of the Owner contract total that gives detail as to how the GC will bill it. It is often the bid quote by division. In RedTeam Go, there are 2 default SOVs: one by division with profit distributed to each division and the other by division with a separate profit line. The default options pull from the bidding reports named Expanded Division Report and the Expanded Division Report with Profit. In addition, we allow the option of a custom schedule which is a blank page and the GC can make it whatever they and the Owner agree upon.