Contract Settings for Owners
Do not allow the head contractor to modify the work breakdown
Select this setting to prevent the Head Contractor from making changes to the project Work Breakdown.
Use serial approval for head contractor progress claim
Choose this setting to allow multiple Owner Approvers to approve the Head Contractor progress claim in a specific order.
Require signatures on head contractor progress claim
Displays when you choose the Use serial approval for Head contractor progress claim setting. Approving the Head Contractor progress claim requires Approvers to apply a signature.
Project Retention Mode
The settings under this section allow you to choose Subcontractor retention settings. The type of retention held and the displayed fields—line item or contract retention—depend upon the Head Contractor's retention mode. These settings apply as the default for manually created subcontracts. Imported subcontracts may override the retention rule created in this section.
Australian projects use contract level retention.
Line Item
Enter a default retention percentage to hold against each progress claim line item. If left blank, the retention held percentage defaults to 10% for all line items.
Head Contractor Contract Retention Rate
The percentage of retention held on the Head Contractor's progress claim.
You can also choose to allow Head contractors to control this setting.
Allow access to subcontractor budget information (Open Book)
Choose this setting to allow Above the Line project participants to view Below the Line project participant billings.
You can also choose to allow Head Contractors to control this setting.
Last Published Wednesday, July 10, 2024