About Payment Holds for Owners
- Subcontractor Split Pay Confirmation Hold—An automatic hold created when a split payment is made; it is enforced until a Subcontractor approves a split payment
- Discount Outside of Terms Hold—An automatic hold created when discount terms are made; it is enforced until a Subcontractor approves a discount
- VAT Payment Application Tracking Hold—An automatic hold enforced when a Subcontractor's VAT Payment Application is out of compliance based on the Hold settings selected on the Project Settings screen
- Sub-Tier VAT Payment Application Hold—An automatic hold enforced when a Sub-Tier's unconditional VAT Payment Application is out of compliance based on the Hold settings selected on the Project Settings screen
- Sub-Tier Supplement Hold—An automatic hold enforced when a Sub-Tier's Supplement is out of compliance based on the Hold settings selected on the Project Settings screen
- Document Compliance Hold—An automatic hold based on enforcement selections made when document requirements are set up
See Set Up Compliance Document Requirements. - Manual Hold Payment—A hold created by a user with Manage Projects permissions. It can be placed any time until funds are disbursed. It does not require either Available to Pay or Requested payment status.
Note: Payment Application Tracking Holds do not appear on the Manage Payment Status page unless the Project Manager chooses Payment Application Hold settings on the Project Settings page.
Last Published Wednesday, July 10, 2024