Claiming with Specified Billing and Advance Billing
Specified Billing
A Head Contractor can use the Specified Billing setting to enter a claim on behalf of a Subcontractor. As a Subcontractor, you approve and sign the progress claim.
If the project includes Specified Billing, you cannot enter or modify progress claim details.
Advance Billing
If a Subcontract includes Advance Billing, you may bill for Sub-Tier costs in your Billing Workflow. You can claim for a Sub-Tier even if the Sub-Tier does not claim or submits a late progress claim.
- An amount billed on a component total line can be greater than the self-performed line
- Total amount billed cannot exceed a component's Scheduled Value
Note: The Balance to Finish will be negative on the self-performed line.
- Sub-Tier amount remain zero until the Sub-Tier submits a claim or the Subcontractor enters an amount greater than the self-performed total
- Approved Sub-Tier amounts appear on the Progress tab of your Billing Workflow for reference.
Last Published Monday, February 5, 2024