Where can I find a schedule of values template for construction in Illinois?

Last reviewed July 5, 2026

Check with your project manager or general contractor for a standard schedule of values template. You can also find templates online from construction industry websites or resources specific to Illinois. Make sure it meets any state or contract requirements.

Key points

  • Consult the project manager or GC.
  • Look online for industry-standard templates.
  • Check compliance with state and contract rules.

A schedule of values breaks down the total contract price into components for tracking progress and payments. It helps manage cash flow and keeps everyone aligned on project costs.

How Alloovium helps

Alloovium can help you manage compliance by referencing contract requirements and tracking your schedule of values.

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General information for US construction professionals — not legal advice. Lien deadlines, retainage caps and notice rules vary by state; verify with the state statute or a construction attorney.