Sub-Tier Subcontract Settings Overview
Many of the fields default to settings the Head Contractor selected for the project.
Subcontractors can make changes to these optional fields.
Contact Oracle Support to use any of these settings on a Sub-Tier Subcontract.
Vendor ID
A unique number that identifies the contractor
Default Payment Form
The way a Sub-Tier will be paid. The Head Contractor can override the form of payment when disbursing funds.
Open Book
Allows Above the Line (ATL) project participants to view details of the subcontract.
Contract Date
Date the contract takes effect (defaults to the current day) .
Use Specified Billing
Indicates that a progress claim is managed by the parent organisation. This setting allows you to enter a claim on behalf of a Sub-Tier, however they will still be required to sign off on the numbers.
Sub WB Option
Changing this setting will not give you control of the WB for any of the Suppliers or Subcontractors working for the Sub-Tier.
None: This is the default setting; Sub-Tiers control their own WB breakdown
Review WB: This setting means the system notifies the Prime Subcontractor any time the Sub-Tier changes the WB
Specified WB: This setting allows you to control the Sub-Tier Subcontractor's WB
Progress Claim Approval Method
Standard Progress Claim Approval: Any Approver is allowed to approve claims.
Parallel Signatory Approval: Multiple claim Approvers must approve each progress claim.
Serial Signatory Approval: Users must approve in a specified order.
Note: Australian projects must use Serial Signatory Approval.
Subcontractor cannot modify retention
Field defaults to the value selected by the Head Contractor.
Consider using the Subcontractor cannot modify retention setting. This setting prevents Sub-Tiers from changing the retention held.
Bonding Institution
The institution providing the bond.
Bond Amount
The amount of the bond.
Expiry Date
The bond expiration date.
Prior Off-System Period/Payment Information
Number of Manual Periods Submitted Outside of TPM
Number of Periods Paid Outside of TPM
Most Recent HC Period Paid
Period End Date
Last Published Wednesday, July 10, 2024