A proposed schedule of values puts 40 percent of the contract sum into mobilization, although the work value is much lower. What concern should the owner and architect review?
Correct Answer
D) The schedule may be front-loaded and should be revised to reflect reasonable work values
A schedule of values should reasonably allocate contract value to work items; excessive early values can front-load payments. Other choices make the SOV automatic, assign a false fixed percentage, or confuse it with scheduling.
Why This Is the Correct Answer
A schedule of values should reasonably allocate contract value to work items; excessive early values can front-load payments. Other choices make the SOV automatic, assign a false fixed percentage, or confuse it with scheduling.
Why the Other Options Are Wrong
Option A: The schedule of values is automatically final once typed
The trap in A is The schedule of values is automatically final once typed. That selection is wrong because it points to The schedule of values is automatically final once typed, but.
Option B: Mobilization always equals 40 percent
Choice B gives Mobilization always equals 40 percent. Its specific error: Mobilization always equals 40 percent is a different published number than the cited Schedule of values review value; Schedule of values review and front loading supports The schedule may be front-loaded and should be revised to reflect reasonable work values.
Option C: The schedule of values replaces the construction schedule
Choice C (The schedule of values replaces the construction schedule) is rejected because it removes the controlling Schedule of values review requirement instead of meeting it.
Memory Technique
File schedule of values review under a flashing lip: condition first, number or duty second, answer The schedule may be front-loaded and should be revised to reflect reasonable work values.
Reference Hint
Open NASCLA Contractors Guide to Business, Law and Project Management, 14th Ed.; use the index entry or section for "Schedule of values review and front loading" to confirm that A schedule of values should reasonably allocate contract value to work items; excessive early values can front-load payments.
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