13-01370 Schedule of Values.pdf
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- Solicitation number
- US.257471
- Issued by
- Montgomery County, Pennsylvania
About this file
This is a Schedule of Values form for the Pipe Lining Project (Contract 01370) administered by the Borough of Jenkintown, Pennsylvania, in conjunction with the 2026 Sanitary Sewer Cleaning and Video Survey contract (Contract 26-06). The Schedule of Values document establishes the framework for allocating the total contract sum across various work components and serves as the basis for the contractor's applications for payment throughout the project. The contractor must submit the completed schedule to the Engineer within ten days of the agreement's effective date, organized according to the Project Manual's Table of Contents and broken down into major line items with corresponding sub-values for products and operations. Each line item must include a directly proportional allocation of the contractor's overhead and profit, with the exception of stored materials, which are not eligible for progress payments. The sum of all values must equal the total contract sum, and the Engineer may request supporting documentation to substantiate the values' accuracy.
The Schedule of Values must be typed on standard 8.5 by 11-inch white paper and clearly identify the project title, location, engineer, contractor name and address, contract designation, contract number, and submission date. Line item one may designate "bonds and insurance," with all other items reflecting the installed value of work components. Contractor standard forms and automated printouts may be submitted for Engineer approval upon request. The document functions exclusively as a mechanism for computing progress payments during construction and does not establish pricing terms, funding sources, or contract award conditions beyond serving as the payment basis for the project's duration.
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Text version
PIPE LINING SCHEDULE OF VALUES
01370-1
SECTION 01370
SCHEDULE OF VALUES
PART 1 GENERAL
1.1 REQUIREMENTS INCLUDED
A. Submit to the Engineer a Schedule of Values allocated to the various portions of the Work within ten days after the effective date of the Agreement.
B. Upon request of the Engineer, support the values with data which will substantiate their correctness.
C. The Schedule of Values, unless objected to by the Engineer, shall be used only as the basis for the Contractor's Applications for Payment.
1.2 RELATED REQUIREMENTS
A. Conditions of the Contract
B. Section 01152 - Applications for Payment
1.3 FORM AND CONTENTS OF SCHEDULE OF VALUES
A. Type schedule on 8-1/2 in. x 11 in. white paper. Contractor's standard forms and automated printout will be considered for approval by Engineer upon Contractor's request. Identify schedule with:
1. Title of Project and location.
2. Engineer.
3. Name and Address of Contractor.
4. Contract designation and contract number.
5. Date of submission.
B. Schedule shall list the installed value of the component parts of the Work in sufficient detail to serve as a basis for computing values for progress payments during construction.
PIPE LINING SCHEDULE OF VALUES
01370-2
C. Follow the Table of Contents of this Project Manual as the format for listing component items.
1. Identify each line item with the number and title of the respective major section of the specifications.
D. For each major line item, list sub-values of major products or operations under the item.
E. Line item number 1 may be "bonds and insurance".
F. For the various portions of the Work except "bonds and insurance":
1. Each item shall include a directly proportional amount of the Contractor's overhead and profit.
2. No progress payments shall be made for stored materials.
G. The sum of all values listed in the schedule shall equal the total Contract Sum.
END OF SECTION
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