Contract Status Fields
Summary Section
Organisation
Displays the Subcontractor's name. Acts as Org Lookup—Enter another organisation's name to look-up contracts with it
You can use this field to select another Subcontractor. When entering an organisation's name, the auto-complete feature will list matching on-system organisations. Selecting an organisation will populate the project drop-down.
Project
This drop-down field displays the project name
You can use this field to select another contract with this Subcontractor. Below the project, a message will display the period context.
Location
The location and phone number of the Subcontractor
Contract
The contract number and description of the contract
Vendor ID
A number assigned in an accounting package to identify the Subcontractor
Contract Comment
An optional comment included as a message on the contract. This is a view only field, you can edit this comment on either the Contract Maintenance, Edit Payment Status, or Owner Funding Entry page.
Discount Terms
Cash discount settings include the discount rate (%), number of days the subcontract must meet to trigger the discount, and the trigger date
Summary Amounts
Contract Amount
Original: The amount of the original contract
Variation: Variations that alter contract amount
Adjusted: The contract amount including variation adjustments
Approved Payment Applications
Gross: The total amount for approved Payment Applications
Retention Held: The amount held from the approved Payment Applications
Net: The amount for approved Payment Applications after the retention is held
Payments
Latest Date—Last date the Sub-Tier was paid
Current Payable—The amount currently due to the Subcontractor
Total Payments—The total amount paid to the Subcontractor, including current payments
Items not Exported
Approved Payment Applications—Total value of Payment Applications
Payments—Total amount paid
Period Details Section
Contracts with Early Payment Programs
The Contract Status page shows TPA in the Method column. It also includes a Funded column.
The Contract Status page reflects that a Subcontractor participates in the TPA.
- Method—Displays TPA
- Funded—Shows the amount paid to the Subcontractor once the Payment Application is funded
- Funded Date (part of the expanded view)—Displays the effective date of funding (the date the Subcontractor was paid)
The VAT Invoice signature is released after the Subcontractor receives payment.
The Status column will include more statuses for TPA projects.
| Before Disbursement | After Disbursement | After a Payment Application is Funded | After Maturity |
|---|---|---|---|---|
Status | Awaiting, Received, Rejected, or Approved | Funding | Funded | Paid |
See Manage Textura Payment Accelerator Programmes for Main Contractors or Contact your Textura implementation team to learn more about Early Payment Programs.
Pending and Paid Period Table
Period
Pending Period—Lists the pending period; Choose the period number to see the Period Home Page
Paid Period—Lists the most recent period
Period To Date
The end date for the period
Method
The payment method (BACS, Manual Cheque, etc.)
Gross Payment Application
The total amount the Subcontractor billed
% Complete
Displays the % complete against the selected Period.
Retention
Retention held against the Payment Application
Net Payment Application
The total Payment Application minus the retention
Discount
The discount amount for each period. This column is displayed only when fixed or variable discounts are enabled on the contract.
Tax
Tax held against Payment Application
Payment
Pending Pmt—Entire payment for the pending
Payments—Entire payment for the paid period
Total Pending—Amount of payment pending
Paid To Date—Amount of payment already made for the period
Payment Due Date—Date payment is due based on project settings
Note: The Payment Due column will remain empty unless a payment was received by the Subcontractor.
Status
Payment status; choose the Manage Payment link to Edit Payment Status
See Edit Payment Status
Comments
Displays comments associated only with the selected Period. This is a view-only field, you can edit the comments from either the Edit Payment Status, Manage Payments, Authorise Payments,or the Owner Funding Entry page.
Documents
Documents included in the period are listed
- Payment Application
- VAT Invoice
- Additional Document
- View Uploaded Files
See Attachments for Main Contractors
Expanded View
If the Expanded View option is selected, the Period section will include:
Payment Application
The date the Payment Application is submitted
Cheque
The cheque number (for manual payments)
Date Paid
The date the Subcontractor is paid
Payment Application Export
Date the Payment Application was exported to the accounting system
Payment Export
Date the payment was exported to the accounting system
Paid Period
Includes all periods the Subcontractor previously participated in for the project
Variations Table
Variations
Variation number
Date Entered
Date the variation was added to the project
Variation Date
Date for accounting purposes
Period
Period the variation effects
Title
Name of the variation
Desc.
Variation description
Amount
Amount changing the project
Total Variations to Date
The amount of all variations to date
Adj. Contract
The Contract total including variations
Contacts Table
Contacts
User's name
Title
User's company title
Roles
User's role on the TPM system
User's email address for the TPM system
Phone/Fax/Mobile
User's contact numbers
Last Published Wednesday, July 10, 2024