Contracts

Contracts are used to manage the Construction Contract Value of a Project. Onware has 5 different types of Contracts to choose from: Contract, Contingency, Allowance, Variance and Subcontract. The dollar value of the Contract is used for calculating values such as Revised Contract Value and Progress Claim details.

Note: Only Administrators have access to the Contract page.

 

Contract Type Description of Contract
Contract

The Contract is between an Owner and Prime Consultant/Contract Administrator Group.

When selected, Revised Contract Value is calculated as the sum of Contract Value and Change Order Value.

Contingency

The Contract is between an Owner and Prime Consultant/Contract Administrator Group.

When selected, Revised Contract Value is calculated as the difference between Contract Value and Change Order Value.

Allowance

The Contract is between an Owner and Prime Consultant/Contract Administrator Group.

When selected, Revised Contract Value is calculated as the difference between Contract Value and Change Order Value.

Variance

The Contract is between an Owner and Prime Consultant/Contract Administrator Group.

When selected, Revised Contract Value is calculated as the difference between Contract Value and Change Order Value.

Subcontract

The Contract is between the General Contractor and Trades/Subcontractors.

 

To access the Contract page:

  1. From the Project menu, click Contract.

    The Contract page displays.

 

From the Contract page, Administrators can:

Note: It is critical that the Contract Value be inputted into Onware prior to any documents, which affect a Contract’s value when created.