Award Sub Contract

Explanation

This activity is used to award a sub contract. If an agreement has been reached with the preferred supplier, the sub contract can be awarded.

Note: If a supplier income type has been specified for one or more of the contract items, it must be valid for the preferred supplier. If not, the contract cannot be awarded to the supplier.

Once the sub contract is awarded, it will not be possible to modify the supplier on the contract.

If Refresh Item Taxes is enabled when awarding the contract, the saved tax codes, percentages and amounts will be refreshed in the contract item level, based on the latest tax basic data of the contract, supplier, project or company (according to tax refetching rules)

Prerequisites

• The sub contract should be in the Submitted status.
• The sub contract revision should be in the Active status.
• The sub contract should have a supplier.
• Required data must be defined on the sub contract lines and items (i.e. in the Sub Contract Value, Sub Contract Item Currency, Sub Contract Item Rate and Supplier Start Date fields).

System Effects

• The status of the sub contract is changed to Awarded.
• The Award Date is set to the current date. This date can be changed later, if needed.
• If Refresh Line Item Taxes is enabled when awarding the contract, tax codes will be refetched according to tax fetching rules for sub contracts.

Pages

Sub Contract
Sub Contracts

Activity Diagrams

Award Sub Contract