About Configuring Out of Order Disbursements for Owners

Contact your Textura implementation team to set up this feature.

If you, as an Owner organisation on TPM, have the ability to disburse funds on a project, you can choose to disburse payments for a future period before paying out prior periods.

Why Choose Out of Order Disbursement?

Consider using Out of Order Disbursement if a project:

Is included in a Textura Payment Accelerator Program (TPA)
Must release funds for a future period due to special circumstances.

Progress Claims and Statutory Declarations

Caution: You and the Main Contractor cannot reject payment applications for prior periods after disbursing funds for a future period. Disbursement of a Sub-Tier's future period will lock payment applications for the Prime Subcontractor and its other Sub-Tiers.

Statutory declarations for a future period are held until all of the following criteria are met:

All previous periods have been disbursed for that contract
All statutory declarations for previous periods have been released
All previous and current period Subcontractor and Sub-Tier payment applications have been paid
Release timing is set to With Disbursement and 72 hours have passed since disbursal.

Disbursing Future Period Payments for Owners

Next: Disbursing Future Period Payments for Owners