How is the Contract Usage Fee Calculated

Textura's pricing approach is an initial fee based on contract value, paid when you accept the contract in Oracle Textura.

The rate at which the fee is calculated is 0.22% of contract value up to a maximum of $2,970 USD for projects created before June 1, 2022 and $2,995 USD for projects created after May 31, 2022.

For example, in a project created after June 1, 2022, a $50,000 contract will have a fee of $50,000 x 0.22% = $110. In the same project, a $10,000,000 contract will have a fee of $2,995 ($10,000,000 x 0.22% = $22,000, which is more than the maximum and so the maximum fee of $2,995 would apply).

An organisation having a sub-tier contract will incur a flat fee of $80, regardless of sub-tier contract value.

After the contract is confirmed, Oracle Textura will automatically submit this fee for payment to your bank or credit card, as indicated in your organisation profile. Contract value may change over time and fees will be revised for significant changes until completion of this contract. Portions of the contract billed outside of Oracle Textura will be excluded from fee calculations. Amount Paid, if greater than Contract Value, will be used for fee calculations.