Automatic creation of Schedules of Rates
Creates Schedules of Rates automatically from the estimate, where one has been submitted to the client, ensuring complete accuracy of all quoted rates used when pricing Variations.
Star Rate Items
Add any new items to the Schedule as Star Rate Items, allowing you to edit any of the values to arrive at the desired rate. These rates are automatically stored for use in subsequent variations ensuring that even additional items are only ever given one rate per contract reducing the potential for customer disputes and delayed payments.
Automatically check all items entered into a Variation against the submitted Schedule of Rates; ensuring items are always priced at agreed rates.
Employ user-defined adjustment tools to claim for indirect costs associated with Variations, such as any design, drawing or site establishment costs – as well as direct costs.
Keeping track all the way
Keep track of variations from initial budget entry through to getting paid for the additional work, using Contract Management’s Tracking and Status options. This is assisted by electronic posting of variations to the Valuations module, so that any additional works and changes to the contract are claimed for as early as possible.
Integration with Procurement
Automatically post material requirements arising from variations to Enterprise Procurement, to adjust the Master Buying List.
Dynamic links to Contract Costing
Update the estimated cost and revenue budgets, using dynamic links from Variations to Enterprise Contract Costing, ensuring you see an accurate picture of costs and profitability on the job at all times, taking full account of Variations.
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