If multiple Projects/Jobs are included in one contract, then the Contractor/Vendor must create a separate Schedule of Values which clearly segregates costs among each Job for billing, reporting and audit purposes.
After the Schedule of Values is approved, it becomes the basis for all Contractor/Vendor invoices for hard and soft costs.
"[1] When using the Schedule of Values (SOV) for pay applications the submitter will typically bill on a percentage basis.
The Architect or Owner’s representative will then review and approve the amount due to the contractor during that pay period.
[2] The American Institute of Architects Contract Documents department does not currently publish a standard schedule of values form.