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Sage Construction Management Ideas Portal
Status Future consideration
Created by Guest
Created on Aug 29, 2024

Prime budget cost code referenced on subcontract

It would be very helpful to see and reference the budget amount for the given costcode(s) that are being subcontracted on the procurement documents. Is this possible to do now?

  • Attach files
  • Micah Botica
    Reply
    |
    Aug 30, 2024

    I may not have been using the correct language....if i have $100k in the Job Cost Code "cabinetry" and I award $50k to sub1 and $25k to sub2 on seperate subcontracts i would want the $100k to showup as the available job cost amount for sub 1 and then when building sub 2's subcontract i would want to see that there is $50k available in cabinetry and also a remaining balance of $25k in the total remainder. Or clients have full visibility into the budget and this workflow is a must if we are to continue utilizing this software. And respectively this should update the live budget and show $75k in the commited cost for Cabinets after approval.


    Subcontract 1

    Job Cost Code

    Available Budget Amount

    Proposal Amount

    Balance

    06.300 - Cabinets

    $100,000

    $50,000

    $50,000


    Subcontract 2

    Job Cost Code

    Available Budget Amount

    Proposal Amount

    Balance

    06.300 - Cabinets

    $50,000

    $25,000

    $25,000



    It would also be nice if the Available Budget Amount was less than the proposal amount then it would force you to do a client change order to increase the funds before you could award the next subcontract.


    Subcontract 3

    Job Cost Code

    Available Budget Amount

    Proposal Amount

    Balance

    06.300 - Cabinets

    $25,000

    $30,000

    -($5,000) / N/A


  • Admin
    David Holler
    Reply
    |
    Aug 30, 2024

    SCM Cost Budgets are broken down by Job Cost Code but also into up to 5 Cost Types (Cost Resources=MAT, LAB, EQU, SUB, OTH). Do you mean referencing the Prime Contract Cost Budgets on the Subcontract Entry Form only, and only that portion of the Prime Contract Cost Budget under the SUB/Subcontract Cost Type? If so, what happens if more than one subcontract is costed to the same Job Cost Code and under the Subcontract Cost Type? For that matter, would that ever occur?

    1 reply