Source: https://www.quantsurv.com/library/definitions/cvr
Content format: Markdown version of the public page.
Content reviewed: 2026-10-09

# CVR (cost value reconciliation)

A regular comparison of what a job has cost with what it has earned, usually monthly.

by [Jack Butler-Kettle](<https://www.quantsurv.com/about#jack-butler-kettle>) · About 1 min readShare

## Further detail

Cost value reconciliation compares the value earned on a job with the costs recorded or forecast for it. Consistent cut-off dates matter: unpaid invoices, accrued costs and unagreed variations can distort the picture. A projected margin is neither the cash balance nor an established claim entitlement.

Reconcile value, actual cost and forecast cost on the same cut-off date. Our [Project cost reporting and cost value reconciliation](<https://www.quantsurv.com/quantity-surveying?service=%2Fquantity-surveying%2Fcommercial-management#client-types>) service explains movements in margin and separates unagreed value from supported forecast assumptions. A CVR is not a cash-flow forecast.

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