Creating Contract Changes from Change Events
Creating Contract Changes
You can create Contract Changes using the following steps:
- Update the Status of the Change Event Items to either Approved or Canceled. You can set the status of all Change Event Items to one of these statuses by updating the status of the parent Change Event (to either Approved or Canceled). If the status of the parent Change Event is Active, you can update the status of the individual Change Event Items.
- Select the checkbox in the first column, next to each Change Event Item you want to create Contract Changes for. You can select all the candidate Change Event Items using the checkbox in the column header.
- Click on the Create Contract Changes button.
- This opens a dialog showing the Contract Changes and their Contract Change Pay Items that will be created.
- If there are multiple Change Event Items selected, and they all reference the same Contract, a single Contract Change record is created with each Change Event Item representing a separate Contract Change Pay Item.
- If there are multiple Change Event Items selected, each referencing different Contracts, a separate Contract Change record is created for each referenced contract.
- The Contract Change No. is auto-generated as the next available number which you can edit if required.
- If the Change Event Item represents a new pay item for the contract referenced, the Pay Item No. is auto-generated. You can edit this if required.
- Once you have verified the data in the confirmation dialog, click the Create Contract Changes button.
Note: The ETC (FTC) Draw Down tick box specifies whether the contract change should reduce the estimate to complete (forecast to complete) on the Cost Worksheet.
- After the Contract Changes have been created, the following is the result:
- On the Change Event Items detail pane, the linked Contract Change No. is displayed. Selecting the link takes you to the linked Contract Change.
- The Proceed, Pending, or Approved amount columns are updated on the Change Event Items detail pane using the status of the linked Contract Change. I.e. the cost impact of the Change Event Item is now being driven by the linked Contract Change.