- Contract Management
- Support Entities
- Managed Contracts
- Contract Line Item Drops
- Contract Inspection
- Contract Payment Retention
- Advance Payment
- Normal Payment
- Select and Integrate a Contract with Procurement Documents
- Contract Management Reports
FreeBalance Accountability Suite
Search
User login
English
Français
монгол
Português
EspañolGuarantee
Fri, 2011-01-28 11:12 — slind
Overview
Contracts may be created with stipulated guarantees. Details surrounding a Guarantee will be entered and attached to a Contract. Guarantee Types include: Advance Payment Bond and Performance Bond.
Guarantee screen fields and Tabs
| Fieds | Description |
| Reference Number | Reference Number of the Guarantee. |
| Guarantee Type | Reference to the Guarantee Type such as Bid Bond, Advance Payment Bond, Performance Bond, etc. |
| Status | Possible values: Active, In Use, or Expired. The default value is Active. This attribute is manually entered by the user, but it can be automatically updated by the System. |
| End Date | Date when the Guarantee Period ends. |
| Maximum Amount | Represents the Maximum Guaranteed Amount. This attribute must be entered in the currency of the Contract in the Managed Contract screen. The System must show the currency symbol in the screen. |
| Language | Language used. |
| Abbreviation | Short form of the Guarantee. |
| Description | Brief description of the Guarantee. |
| Comments | Brief comments related to the Guarantee. |