Contract Line Item Type

Overview

Contract Line Items are the line of deliverables of a Contract.  Line Items are the base for Contract Planning, inspections and control techniques.  For this, Line Items must be subdivided or decomposed into a series of Drops or Work Items.

A Line Item can refer to a GoodServiceWork, or Other.  When creating a Line Item, the Type must be specified.When a Line Item is entered into the System, it is later applied to Contract and their associated processes.

 

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Contract Management ► Support Entities ►Contract Line Item Types

 

The Contract Line Item Type screen fields and Tabs

Field

Description

 Id

Unique auto-generated identifier for the Line Item Type.

Type

 Line Item Type may be: Good, service, Work, or Other.

Maximum Advance

Maximum Percentage of allowed amounts for Payment Advances on Line Items (i.e., for 20% enter 20 into field).

Maximum Retention

Maximum Percentage of allowed amounts for Payment Retentions on Line Items (i.e., for 30% enter 30 into field).

 Language

Language Used.

 Name

Name of the Line Item Type.