Payment Holds Settings

Change Order

Require Change Order Compliance check box

Choose this setting to automatically place holds on payments to any Subcontractor out of compliance with allocated change orders. Contact your Textura implementation team if you think you need to use this setting.

Invoice

Track negative invoices and apply contract-wide payment holds check box

Choose this setting to track negative invoices and hold payments. All payments on the contact are automatically placed on hold if a negative value invoice is submitted by a Subcontractor. The Project Manager and Disburser can coordinate to identify positive invoices that can be used to balance negative invoice amounts by creating split payments. You must release the holds manually from the Edit Payment Status page. You can either release the hold on the negative invoices to simultaneously release all holds on the contract, or manually release each individual hold on a positive invoice.

Track Overbilled Contracts check box

Choose this setting to automatically place holds on payments to any Subcontractor with a billed amount greater than the current contract value.

Track Invoices with Stored Materials check box

Choose this setting to automatically place holds on payments to any Subcontractor with billed stored materials.

Track Split Payments check box

Choose this setting to automatically place holds on payments to any Prime Subcontractor who has a split payment. A Project Manager must manually release Invoice Holds on the Edit Payment Status page. See Edit Payment Status for more information.

Track Failed Invoice Exports

Choose this setting to place automatic holds on all invoices that are exported. The hold is automatically released when an export receipt is received from the ERP. This setting is available to General Contractors for projects that have ERP receipts enabled. General Contractors can use the Edit Payment Status page to manually release this hold. This setting is displayed only if it has been enabled by your Textura administrator.

Lien Waiver

Prior Period

Hold Payment for missing prior period unconditional lien waivers check box

Choose this setting to require the system to place a hold on payments for any Subcontractor missing Sub-Tier Subcontractor and Material Supplier unconditional lien waivers from a previous draw.

Automatically apply a payment hold when sub-tier prior period invoice doesn't have a lien waiver

Off by default. Select this option to automatically apply payment holds when a Prime Subcontractor is missing a Sub-Tier lien waiver from a previous draw. When you do not activate this setting, you will need to manually apply lien waiver holds from the Manage Lien Waivers page.

Current Period

Hold Payment for missing current lien waivers check box

Select this setting to require the system to place a hold on payments for missing Sub-Tier lien waivers

Sub-Tier Lien Waiver Requirements

Select from four options:

Automatically apply a payment hold when sub-tier current period invoice doesn't have a lien waiver

Off by default. Select this option to automatically apply payment holds when a Prime Subcontractor is missing a Sub-Tier lien waiver from the current draw based on the Sub-Tier Lien Waiver Option you selected. When you do not activate this setting, you will need to manually apply lien waiver holds from the Manage Lien Waivers page.