Creating a Prime Contract Variation for Head Contractors
Caution: Do not create variations manually if your accounting package is set to interface with the system.
To create a Prime Contract Variation (PCV) to edit the project budget:
- From the My Variations tab, select the +Add... button.
An Add My Contract Variation dialog box displays.
- In the dialog box, complete all required fields. Required fields are marked by a red asterisk (*)
- (Optional) Choose to hide the variation to prevent your budget changes from appearing as variation-related values on progress claim documents.
- Hidden Variations modify the Original Work Breakdown amount and the Contract Sum to Date columns in your Work Breakdown (WB).
- They do not appear in the Net Change by Variation column.
- They are not identified as variation-related values on the progress claim documents.
- Once you create a Hidden Variation, you cannot un-hide it.
- (Optional) Choose to hide the variation from Owner participants to remove hidden variation visibility from authorised Head Contractor users and Owner participants.
- Select the Add button.
The dialog box closes, your new variation appears in the table, and a Success message appears at the top of the page. If you need to allocate the variation, the message includes a blue Allocate button.
Last Published Wednesday, July 10, 2024