A method of drilling a well and installing a liner includes assembling concentric inner and outer strings of tubulars. A drill bit is located at the lower end of the inner string and a liner with a liner hanger makes up part of the outer string. The inner and outer strings may be rotated in unison to drill the well. A valve is located upstream of a liner hanger control tool used to release and set the liner hanger in the drill string. The valve comprises a ported sleeve that slides relative to a ported housing to meter flow from the interior of the drill string to the annular space. The redirected flow maintains a minimum flow rate in the annular space to prevent cuttings from settling on the control tool. A portion of the valve can further be used with a dart to manipulate downstream equipment.