Schedule of Values Software

Schedule of Values

Manage a schedule of values with software that structures contract line items, tracks progress, and supports accurate invoicing throughout the project lifecycle.

Schedule of Values view showing contract register with approval status and allocated contract amounts.
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Schedule of values built into your contract setup

Structure your contract value with a clear Schedule of Values (SOV) inside Mastt. Allocate the total contract sum across defined line items during contract creation so every portion of work has an approved value recorded in one place.

Add Line Item screen in Mastt displaying contract line items and assigned amounts.

Structure your schedule of values with clear line items

Set up your contract and define the full SOV within a single workflow. Add line items that reflect your scope of work and define how contract value is distributed across packages, trades, or deliverables.

📋 Create a new contract and enter core contract details.

🧾 Add contract line items to represent scope components.

💰 Allocate a value to each line item.

📊 Generate total contract value from structured line items.

Organize sections and subsections for deeper cost control

Use advanced contract setup to group line items into sections and subsections. Create a logical hierarchy that mirrors how your project is delivered and reported.

🗂 Create sections to group related line items.

📑 Add subsections for a more granular cost breakdown.

🔢 Arrange line items within a defined hierarchy.

🔎 Align your SOV with internal budget and reporting formats.

Add Section interface in Mastt showing sections and subsections within contract line items.
Contracts list view in Mastt showing contract titles, status, and original contract values.

Keep your SOV accurate as contracts evolve

Keep your contract breakdown aligned with approved updates. Edit contract details and manage line items within the same centralized environment.

🔄 Edit contract information when required.

✏️ Update existing line items as scope evolves.

🗑 Remove contracts when no longer required.

🔐 Manage contract records within a secure system workspace.

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FAQs about Schedule of Values Software

Schedule of values software is a construction contract management tool used to create and manage a structured breakdown of contract value into line items. It replaces manual spreadsheets with a centralized system where each portion of work is defined and assigned a value.
An SOV is commonly required on lump sum construction contracts and is often requested before progress payments begin. Requirements may vary depending on contract type and client or funding conditions.
Schedule of values software is designed for project managers, contract administrators, cost managers, and owners' representatives managing capital projects. Teams that need structured contract setup and clear value allocation benefit from a centralized SOV environment.
You create a Schedule of Values when setting up a contract by adding line items and assigning values to each one. The total contract value is calculated from those structured entries within the system.
Yes. Advanced Contract Setup lets you group line items into sections and subsections to reflect the project's organization. This creates a clear hierarchy within the contract.
Yes. Mastt allows you to edit contract details and update line items as scope or contract values change. This helps maintain an accurate and current contract record throughout the project lifecycle.
Yes. Contracts in Mastt are managed within a shared project environment, allowing authorized team members to access and manage contract data. This supports coordination between project managers, contract administrators, and cost teams.

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