Enter Item Certificate Values

Explanation

This activity is used to enter item certificate values, such as the work value, stored material, discount, retention, deduction and retention released. These values must be entered on the item level before the valuation is certified. Note: It will not be possible to change the values once the valuation is certified.

When certifying, the certified values cannot be higher than the latest released sub contract call off value except for items with the Rate Only calculation method. If it is, certification will not be allowed.

Prerequisites

• The valuation should be either in the Planned or Application Received status. Planned if the Receive Application check box is cleared, Application Received if the Receive Application check box is selected.

System Effects

• The Certificate Summary tab is updated with certified values from the Sub Contract Valuation/Item Valuation tab.

Window

Sub Contract Valuation

Related Window Descriptions

Sub Contract Valuation
Sub Contract Valuation/Item Valuation
Sub Contract Valuation/Certificate Summary

Procedure

1. Open the Sub Contract Valuation window and query (F3) for the necessary valuation.
2. Click the Item Valuation tab.
3. For each item, enter the certified amounts for both work and material.
4. Save the information (F12).
5. Repeat the procedure for each item that is to be certified.

Note: In cases where the application values are reasonable compared to sub contractor’s valuation, and if there are no disagreements, click the Copy Application to Certified menu option to copy the application values to the certificate.

If it is decided that the valuation values should be used in the certificate, click the Copy Valuation to Certified menu option to copy the valuation values.

The Copy Previous menu options are available when you wish to use values from the previous application, valuation or certificate in the current valuation.