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DOCUMENT 01370 <br /> SCHEDULE OF VALUES <br /> PART 1 -GENERAL <br /> 1.01 REQUIREMENTS INCLUDED <br /> A. Submit to the Engineer a Schedule of Values allocated to the various portions of the <br /> Work, within 21 days after the effective date of the Agreement. <br /> B. Upon request of the Engineer, support the values with data which will substantiate <br /> their correctness. <br /> C. The Schedule of Values shall be used as the basis for the Contractor's Applications <br /> for Payment. <br /> 1.02 RELATED REQUIREMENTS <br /> A. Section 01152: Application for Payment <br /> 1.03 FORM AND CONTENT OF SCHEDULE OF VALUES <br /> A. Type schedule on an 8-1/2 inch x 11 inch or 8-1/2 inch x 14 inch white paper; <br /> Contractor's standard forms and automated printout will be considered for approval <br /> by the Engineer upon Contractor's request. Identify schedule with: <br /> 1. Title of Project and location <br /> 2. Engineer and Project number <br /> 3. Name and Address of Contractor <br /> 4. Contract designation <br /> 5. Date of submission <br /> B. Schedule shall list the installed value of the component parts to include <br /> earthwork/foundation, reinforced concrete, masonry, hollow core roof, roofing <br /> material, painting/coatings, individual equipment, piping, electrical, paving of the <br /> Work (as required) in sufficient detail to serve as a basis for computing values for <br /> progress payments during construction. <br /> C. For the various portions of the Work: <br /> 1. Each item shall include a directly proportional amount of the Contractor's <br /> overhead and profit. <br /> D. The sum of all values listed in the schedule shall equal the total Contract Sum. <br /> E. Schedules are subject to Engineer's approval wherein additional line item detail may <br /> be required. <br /> END OF SECTION <br /> 08/12 01370-1 11-4179 <br />