Schedule of Values
Create the SOV once at project setup; every billing cycle reads from it. Line-by-line percent-complete entry produces the G703.
For construction firms
Pay applications and retainage — without a six-figure ERP
Generate AIA-style G702/G703 pay applications, track retainage by line item, and ship lien-waiver paperwork from the same workspace where you run the project.
What's included
Built around the workflow your firm already uses
G702 pay applications
Standard A1A-format pay app generated from the SOV with stored value of work, this-period billing, retainage held, balance to finish.
Retainage tracking
Configurable retainage rate per project (typical 5% / 10%); released on substantial completion or per the contract terms you set.
Change orders
Each change order updates the SOV + ripples to subsequent pay apps + the master contract value. Owner approval is captured + filed.
Lien waivers
Conditional + unconditional partial + final waiver templates pre-mapped to your jurisdiction's standard format. Sign + file in one motion.
Subcontractor pay-when-paid
Track sub invoices against owner pay-app receipt so you only pay subs when funded — without a spreadsheet.
Stop maintaining the SOV in two spreadsheets
Owner pay-app spreadsheet + sub-payment spreadsheet drift. Retainage gets calculated three different ways. Worse: change orders never make it back to the master.
Start with one source of truth
The project, the SOV, the change orders, the pay applications, the lien waivers, the sub payables — all linked. The PM and the bookkeeper see the same numbers.
See: month-end close in one afternoon
Pay app generated → owner approves online → retainage held automatically → sub payments scheduled → next-month draw projected. Done.
Try it on your next project draw — 14-day free trial
Set up a sample project, build the SOV, generate a pay app PDF. See if the math + paperwork actually match how your firm works.
Start free trial