Sub-Tier Subcontract Settings Overview
Many of the fields default to settings the Main Contractor selected for the project.
Subcontractors can make changes to these optional fields.
Contact Oracle Support to use any of these settings on a Sub-Tier Subcontract.
Vendor ID
A unique number that identifies the contractor.
Default Payment Form
The way a Sub-Tier will be paid. The Main Contractor can override the form of payment when disbursing funds.
Open Book
Allows Above the Line (ATL) project participants to view details of the subcontract.
Contract Date
Date the contract takes effect (defaults to the current day).
Use Specified Billing
Indicates that a payment application is managed by the parent organisation. This setting allows you to enter a payment application on behalf of a Sub-Tier, however they will still be required to sign off on the numbers.
Sub WB Option
Changing this setting will not give you control of the WB for any of the Suppliers or Subcontractors working for the Sub-Tier.
None: This is the default setting; Sub-Tiers control their own WB breakdown.
Review WB: This setting means the system notifies the Prime Subcontractor any time the Sub-Tier changes the WB.
Specified WB: This setting allows you to control the Sub-Tier Subcontractor's WB.
Payment Application Approval Method
Standard Payment Application Approval: Any Approver is allowed to approve payment applications.
Parallel Signatory Approval: Multiple payment application Approvers must approve each payment applications.
Serial Signatory Approval: Users must approve in a specified order.
Subcontractor cannot modify retention
Field defaults to the value selected by the Main Contractor.
Consider using the Subcontractor cannot modify retention setting. This setting prevents Sub-Tiers from changing the retention held.
Bonding Institution
The institution providing the bond.
Bond Amount
The amount of the bond.
Expiry Date
The bond expiration date.
Prior Off-System Period/Payment Information
Number of Manual Periods Submitted Outside of TPM
Number of Periods Paid Outside of TPM
Most Recent HC Period Paid
Period End Date
Last Published Wednesday, July 10, 2024