Understanding Contract Classifications

The Contract Classification field is used to distinguish government contracts from other types of contracts that you may manage. PeopleSoft Contracts supports the following contract classifications:

• Federal Reimbursable Agreement

• Government

• Internal

• Standard

Contract classifications appear on the contract header and are associated with specific attributes and functionality. To take advantage of the features and functions that are available for government contracts, you must install the PeopleSoft Contracts, Project Costing and Billing applications, and select the contract classification of government.