A Schedule of Values (SOV) in the context of construction is a detailed breakdown of the costs associated with a construction project. It is essentially a list of all the work that needs to be completed, along with the corresponding costs for each item. The SOV allows for better tracking and management of expenses throughout the project, providing a clear understanding of where the budget is being allocated and helping to prevent cost overruns.The SOV is typically created by the contractor and submitted to the owner for approval before the project begins. It serves as a roadmap for the project, outlining the scope of work and associated costs for each phase of construction. The SOV is a critical document that helps ensure that all parties involved in the project are on the same page