How does the SOV relate to the project's payment process?

An SOV serves as a financial roadmap. It provides a detailed breakdown of completed work, allowing for accurate invoicing and payment. Combined with resources such as online payment processing, it can also help ensure you’re paid faster.

What role does the SOV play in project management?

An SOV provides project management with a comprehensive breakdown of a project’s costs. This helps support budget tracking, progress monitoring and financial management as defined by a construction contract. By consulting an SOV, project managers can allocate resources, maintain financial transparency with clients and make informed decisions to keep a project on track.

What happens if there are disputes in the schedule of values?

If a schedule of values is disputed, builders and clients may compare it to the project contract for accuracy. If disputes persist, both parties should pursue resolution based on the contract.

What is the difference between an SOV and a construction estimate?

An SOV is a detailed financial document used for progress tracking and payment management during construction. A construction estimate provides an initial approximate cost for the entire project before work begins.

What is a change order in Buildertrend?

A change order in Buildertrend is a documented update to the original project scope, cost or schedule. It allows builders to clearly define what’s changing, how much it costs and who needs to approve it – so everyone stays aligned and protected as the project evolves.

How does Buildertrend help prevent change order disputes?

Buildertrend creates a clear, time-stamped record of every change, including pricing, attachments, notes and digital approvals. Owners can review and sign change orders before work begins, eliminating misunderstandings and reducing disputes over scope or cost later in the project.

Can change orders update my budget and job costs automatically?

Yes. Approved change orders automatically connect to your budget and job costing using the same cost codes you use throughout Buildertrend. This gives you real-time visibility into how changes impact profitability and helps ensure no added work goes unbilled.

How are subcontractors and clients kept informed about changes?

Change orders can be shared with clients, subcontractors and vendors directly in Buildertrend. Each audience sees only what’s relevant to them and receives notifications when changes affect their scope, keeping communication clear and reducing rework.

How do change orders connect to invoicing, purchase orders, bids and scheduling?

Buildertrend allows you to create bids, purchase orders, owner invoices and schedule items directly from a change order. Everything stays linked, so changes flow seamlessly from approval to execution to payment – without duplicate entry or lost details.

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