Project Settings Overview for Subcontractors
Select settings that will apply to all contracts between Subcontractors and Sub-Tier Subcontractors or Suppliers.
Segment ID
Indicates the Segment responsible for the project.
Don't see this setting? It is selected during account setup.
See Adding Segments for Subcontractors for more details.
Project
Optional. Identifies a project; this number may appear on Sub-Tier subcontract documents.
All subcontractors included in periods by default
Automatically includes Sub-Tier Subcontractors and Suppliers in any new periods to which the Prime Subcontractor is invited
Note: Without this setting, on-system Sub-Tiers would need to be added to each period.
See Manage Period Participants for Main Contractors.
Advance Billing
Allows the Prime Subcontractor to bill for more than 100% on a subcontract component, or to bill a negative percent complete on self-performed work.
See Advance Billing for Prime Subcontractors to learn more about the benefits of this setting.
Promote Subcontractor Billings
Rolls the Sub-Tier's billing into the Subcontractor organisation's Payment Application (including retention).
Tip
Avoid using this setting if Sub-Tier retention is held at a different rate. When the Promote Subcontract Billings setting is not selected, the whole Prime Subcontractor Payment Application is calculated for retention.
Display Units tick box
Allows units of measure and quantity data to display on all eligible screens
Note: When Display Units is selected, all Sub-Tier subcontracts are eligible to manage unit related information, including adjusting unit and quantity columns.
Promotion of Approved Subcontractor Billings
Select how Subcontractor billings are expressed:
Monetary Value
Percent Complete
Quantity.
Retention Settings
Default Retention Lock ON for all New Subcontracts
Control the percentage of retention billable by Sub-Tier Subcontractors and Suppliers
Note: If deselected, the Sub-Tiers are able to change the percentage of billable retention when entering their Payment Applications.
Last Published Wednesday, July 10, 2024