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Joined: May 2002
Posts: 1,716
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Of those doing AIA form jobs, what are some of the line items you put on your "Schedule of Values"?
I include one line item for Mobilization and Bond, which I can bill for immediately getting us out front at the beginning of the project.
Roger
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Anonymous
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I have always billed for any items which I have issued a purchase order for such as lighting packages, gear, generator, etc. and do not wait until I am billed for it. I also keep the schedule of values simple and do not break out general labor and material. A generic job would have the following break out.
Engineering Permits and fees Mobilization Temp Power and Lighting Underground/Site work Service and Feeders Branch Circuits Lighting Low Voltage Mechanical Rental Equipment General Conditions
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Joined: May 2004
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I don't understand your question (AIA?), Roger, but I'm interested in it. Is this for large jobs where the usual rough & final payments would have you going to the bank for funds?
Dave
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Anonymous
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American Institute of Architects It is a set of standardized documents and contracts. The documents are a set of forms required to be filled out and sent along with any/all invoices. Usually required on large projects which are being funded by a bank or other outside organization. ( a google search will tell you more than you may want to know!)
[This message has been edited by kentvw (edited 11-14-2004).]
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Joined: May 2002
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Dave, Kent is right, these are usually larger jobs and may or may not be bonded.
Many of the items in the "Schedule of Values" can only be billed when you have been invoiced and put into an "Installed" or "Stored" column which you may have to provide proof of.
This is why I will apply a "Labor" number that is up to a "judgement" call, and is normally never contested if within reason.
I will add the tax and at least a 40% markup for billing purposes.
This keeps you "up front loaded" so you are never working out of pocket.
I will give an example of a typical "Schedule of Values" in the next few days.
Roger
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Joined: May 2004
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Thanks for the explanation guys, I appreciate it.
Dave
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Posts: 3,685
Joined: October 2000
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