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 check box
Choose this setting to automatically place a hold on payments to Subcontractors who submit negative invoices.
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
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 (CaMS) unconditional lien waivers from a previous draw.
Hold Payment for missing current lien waivers check box
Choose this setting to require the system to place a hold on payments for missing Sub-Tier lien waivers, and then select from four options:
- Require sub-tier unconditional lien waivers from all—Choose this setting to automatically place a hold on payments to any Subcontractor missing Sub-Tier unconditional lien waivers from the current draw
- Require sub-tier conditional lien waivers from all—Choose this setting to automatically place a hold on payments to any Subcontractor missing Sub-Tier conditional lien waivers from the current draw
- Require sub-tier conditional lien waivers from Subcontractors of joint check Subcontractors and both conditional and unconditional everyone else—Choose this setting to automatically place holds on payments to:
- Any joint check Sub-Tier Subcontractors missing Sub-Tier conditional lien waivers from the current draw
- Any non-joint check Sub-Tier Subcontractor missing Sub-Tier conditional or unconditional lien waivers from the current draw.
- Require sub-tier conditional and unconditional lien waivers from all—Choose this setting to automatically place holds on payments to any Subcontractor missing Sub-Tier conditional or unconditional lien waivers from the current draw.
Last Published Wednesday, July 10, 2024