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 |
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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:
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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.