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City of Everett 01 2973 - 2 <br />2024 WPCF Biosolids Removal UT 3826-2 <br /> <br /> <br />00 2973- 2 SCHEDULE OF VALUES <br />2. Application for Payment forms, including Continuation Sheets. Correlate <br />Schedule of Values line items to that listed by Application for Payment: <br /> <br />a. Correspond to indirect costs and margins on actual cost. <br />b. Make amounts for total coast and overhead and profit complete and <br />proportionate. <br />c. Include overhead and profit as a single line item. <br /> <br />3. List of subcontractors. <br />4. List of principal suppliers and fabricators. <br />5. Schedule of submittals and list of products. <br /> <br />C. Use as basis for determining dollar value amount for each work activity and <br />component of work for duration of Project. <br /> <br />D. Make Schedule of Values total sum equal to current Contract Sum. <br /> <br />E. Round-off figures to nearest dollar amount. <br /> <br />F. Identify Schedule of Value line items by corresponding Section Titles in Project <br />Manual Table of Contents. <br /> <br />G. Break down major portion of work by areas, disciplines, phase, systems, or as <br />appropriate for ease of review. <br /> <br />H. For work that exceeds 1.0 percent of Contract Sum, break out separate line <br />items according to major work activities, components, products, or operations. <br /> <br />1.5 CONTENT <br /> <br />A. Identification: Include the following Project identification on the <br />Schedule of Values: <br /> <br />1. Project name and location. <br />2. City's name. <br />3. Project number. <br />4. Contractor's name and address. <br />5. Date of original submittal. <br />6. Date of revised submittals. <br /> <br />B. Work Activities: Indicate Cost Values for labor, material, equipment, and <br />Contractor's overhead and profit, and Total Cost Value for each line item. <br /> <br />1. Distribute Contractor’s office overhead and profit proportionally among <br />allocated cost for each work activity. <br />2. Costs associated with ongoing mobilization activities can be listed <br />separately or distributed evenly among allocated cost for each work