TPA Project Settings List
Program Name
Shows the TPA configuration the project uses.
Auto Enroll Subcontractors
Indicates whether Subcontractors on the project are offered the TPA.
Maturity Interval
Shows the number of days between a Head Contractor's disbursement of an TPA payment and the automatic Funder repayment. The maximum interval is 120 days. The length of the interval may impact the program pricing.
Allow Progress Claims with Retention
Progress Claims with retention are eligible for TPA payment.
Allow Retention-Only Periods
Progress Claims for retention-only periods are eligible for TPA payment. If invoices for a retention-only draw should be eligible for TPA payment, the Allow Progress Claims with Retention and the Allow Retention-Only Periods settings must both be selected.
Allow Final Progress Claims
Final Progress Claims are eligible for TPA payment
Contact your Textura implementation team to discuss the following settings and their impact on the TPA:
- Progress Claim Submit Deadline Text
- Progress Claim Funding Deadline Text
- Project Pricing Offset
- TPA Pricing Structure
- TPA Pricing Buckets
- Track Notice of Lending
See Setting up Notice of Lending for your Organisation for more on how Head Contractors can manage Notice of Lending compliance with TPA.-Notice of Lending Contract Multiplier
-Notice of Lending Organisation
-Notice of Lending DocumentSee Manage Textura Payment Accelerator programs for Head Contractors for more on Textura Payment Accelerator programs.
(Optional) TPA Cutoff Settings
TPA Funding Cutoff
Window of time TPA must be funded in, lest the project funding revert to EFT for the claims period:
- Enter the number of days.
- Choose a cutoff trigger: Period To Date, Progress Claim Approval Date.
Subcontractor Cutoff Extension
Additional days to extend the original cutoff period; enter a positive number in the field
Project Team Notification
Option to send a notification to the project team when the TPA Funding Cutoff is approaching:
- Enable the Project Team Notification setting.
- Enter the number of days prior to the TPA cutoff date to send the notification.
Last Published Wednesday, July 10, 2024