Viewing the Early Payment Fee Calculation

Estimated Early Payment Fee Calculation

You can view how your estimated early payment fee is calculated from the following pages in TPM:

(For Dynamic Discounting Programs Only.) From the Review and Sign step of the invoice submission workflow. On the Billing Summary card, click the How it's calculated link. A drawer is displayed with additional information on how the estimated fee is calculated.
From the My Invoices page, click the Unpaid tab and then click the link under the Estimated Fee column. A drawer is displayed with additional information on how the estimated fee is calculated.

The following fields are displayed:

Select your preferred disbursement date

Preferred Disbursement Date: Select a future date for your General Contractor to begin the early funding process.

Note: This option is available only to Subcontractors enrolled in Select Payment Acceleration. Your selected date is not guaranteed. Each invoice is subject to approval, compliance requirements, and release by your General Contractor.

Invoice details

Payment Amount
Draw End Date

Early payment date details

Invoice Period Start Date: Day after draw period end date
Disbursement Date: Date that the General Contractor estimates they will disburse the TPA payment. Draw period end date + Disbursement Date Offset (Days)
Full Term Date: Draw End Date + Payment Term Duration set on program settings

Early payment rate details

Early Payment Fee Status: Displays Estimate for invoices that are not yet disbursed. The status changes to Actual when the invoice is disbursed.
Daily Rate: Is displayed as a percentage.
Days of Acceleration: Displays the estimated remaining days of acceleration based on draw end date and the Full Term Date.
Early Payment Fee
Early Payment Amount
Interest Rate per 30 days: Rate per 30 days. If override rate is in place, override rate is displayed.
Help Text: This text is entered by your General Contract to describe additional information about the program.

Early Payment Fee

To view the actual acceleration fee you paid:

From the My invoices page, click the Paid tab and then click the link under Acceleration Fee column.

The following fields are displayed:

Early Payment Fee Status: Displays Actual.
Payment Amount
Daily Rate: Is displayed as a percentage.
Days of Acceleration
Draw End Date
Early Payment Fee
Early Payment Amount
Help Text: This text is entered by your General Contract to describe additional information about the program.

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