Government Contract Withholding

The government can require contractors to retain a percentage of rate-based contract lines as an incentive to complete the contract by a specified date. The Contracts Billing Interface Application Engine process (CA_BI_INTFC) generates withholding transactions. During the billing cycle, the Billing Worksheet and the Project Costing-Contracts Interface Application Interface process (BIPCC000) send withholding transactions to the Project Transaction Temporary Billing table (PROJ_RES_TMP_BI). Then the Billing to Project Costing Application Engine process (PC_BI_TO_PC), which updates the Project Transaction table with results from PeopleSoft Contracts and PeopleSoft Billing processes, inserts rows into the Project Transaction table for staged withholding transactions. Withholding transactions are designated with these analysis types:

• Withholding (WTH)

• Withholding Adjustment (WAJ)

• Withholding Release (WRL)

• Withholding Release Adjustment (WRJ)

• Withholding Write-off (WWO)