Draw Settings

Publish draw schedule to owner

Enable Owners to see the draw schedule.

Publish draw schedule to subcontractors

Enable Subcontractors to see the draw schedule.

Disable general contractor's ability to reopen draws after owner approval

Select this setting to disallow General Contractors to reopen a draw after you complete the approval process.

Notify Subcontractor upon Invoice Approval

Choose this setting to automatically email Subcontractors when their invoices are approved.

Send invoice approval notification to additional email address

This setting is displayed only when the Notify Subcontractor upon Invoice Approval setting is selected. Choose this setting to if you want a copy of the invoice approval notification to be sent to users in the General Contractor organization. You can enter up to five email addresses with each address separated by a comma.

Allow invoice rejection reasons and SOV modification responses

Choose this setting to include custom invoice rejection text for Invoice Approvers to use on the project. Choose the Manage invoice rejection reasons and SOV modification responses link to select or create custom invoice rejection reasons. See Customizing Project Level Invoice Rejection Text for steps to set up custom rejection text and good faith statements.

Require serial approval signatures on Owner invoice

Choose this setting to allow multiple Owner Approvers to approve the General Contractor invoices.

Require serial approval signatures on invoice

Choose this setting to require multiple Approver signatures on invoices.

Enter new invoices as whole dollars

Choose this setting to automatically round invoice and retention held amounts to the nearest dollar. Do not use pennies when entering contracts or change orders if you choose this setting.

Enable disbursement authorization for subcontractor payments

Choose this setting to:

Create an Authorizer role to authorize each Subcontractor payment
Require the Authorizer's approval prior to disbursement.

Contact your Textura implementation team if you think you need to use this setting.

Include all lien waiver only and manual sub-tiers in draw if their on-system parent is included in a draw

This setting is selected by default. When selected, TPM will automatically add all Lien Waiver Only (LW Sub) and manual (Manual Subs) sub-tiers in a draw when their parent, usually a Prime Subcontractor, is added to a billing period. When an LW or Manual Sub are included in a draw, their unconditional and conditional lien waivers are tracked based on your document selections and lien waiver tracking settings. A missing lien waiver may result in a payment hold for the parent organization.

Only allow authorization of invoices which are eligible for disbursement

Selected by default, this setting prevents authorization for Subcontractors with payments on hold or payments with unsigned unconditional lien waivers.

Allow setting of component type

Choose this setting to allow General Contractors to specify how labor or stored materials can be budgeted and billed. See Component Types Overview for more details.

Default Discount Terms

This setting is available if variable discount rates are allowed. A Textura Administrator must Allow Variable Discount Rate on the My Organization Settings page for you to see this setting. Contact your Textura implementation team if you think you need to use this setting.

Fixed Rate: Choose this setting to use a discount rate for subcontracts.
Note: Once a subcontract is accepted, a fixed discount rate cannot be changed. If a discount is taken outside of terms, the Subcontractor must approve the discount.
Variable Rate: Choose this setting to allow a fixed discount rate or variable discount rate for subcontracts.
A variable discount rate can be adjusted even after the subcontract is accepted.

Use CCIP labels for Variable Discounts on project

This field is displayed only if the Default Discount Terms is set to Variable Rate. When selected, CCIP labels and terms are used across the application for displaying variable discounts. In addition, on the Contract Maintenance page, the Discount Terms field will display the following options: CCIP Discount (default selected) and No Discount.

When left unselected, CCIP labels and terms are not used and the Discount Terms field on the Contract Maintenance page displays the following options: Fixed Discount, Variable Discount (default selected), and No Discount.

Allow out of Order Disbursements check box

Choose this setting to disburse payments for a future draw before paying out prior draws.

Caution: An organization can select the Allow Out of Order Disbursements organizational setting on the My Organization Settings page to default all projects to allow out of order disbursement

See About Configuring Out of Order Disbursements for steps to disburse out of order payments.

Contact your Textura implementation team to determine which feature will work best.

Next: Integration Settings