Change Order Management
A General Contractor creates a change order to change the value of your contract on the application. Once created, the application sends an email to all Project Managers in your organization working on the project to inform them they need to allocate the change order.
Modify your budget on the Allocate Change Order page. The Allocate Change Order page shows one change order at a time. If you have more than one change order to allocate, save the allocations for the first change order to see the next change order display on the page.
If you are a Prime Subcontractor with Sub-Tiers working for you on a project and the Sub-Tier holds a contract and enters their billing information on TPM, you can create a Sub-Tier change to change their contract value. For more information on acting as a Prime Subcontractor, see Sub-Tier Change Order Management for Prime Subcontractors.
Your Change Orders
Change orders adjust the value of your organization's contract value on TPM. These are displayed on the My Change Orders tab and are created by the General Contractor organization.
High-Level Overview
If your General Contractor does not use the Specified SoV setting, you will complete the following workflow:
- The General Contractor creates a change order to adjust your contract value.
- As a Project Manager, when you next log in and navigate to the Project Home page, you will see an Edit Schedule of Values task.
At this time, the Schedule of Values is out of balance because the new change order needs to be allocated. It will remain out of balance until you allocate the change order.
- Select the Edit Schedule of Values task to go to the Allocate Change Order page.
- Either allocate the change order to an existing line item or create a new line item in your SoV. Enter the change order amount in the Allocate column and save your changes.
FAQs
What happens to my usage fee when I have a variation?
Usage fees on Textura are based on your contract value. When you are responsible for paying your own fees, you will receive a refund if your contract value decreases by 25% or more. If a change order increases your contract value by 25% or more, you will need to pay the difference between your previous usage fee and new usage fee based off this new value. These two scenarios are called Fee Events.
Related Topics
Working with the Change Orders Page for Subcontractors
Navigate to the Change Orders Page
Sub-Tier Change Order Management for Prime Subcontractors
Allocate Change Orders for Subcontractors
Additional Change Order Information
Last Published Monday, February 5, 2024