Description
A Subcontractor Agreement Report provides a structured overview of financial and progress data related to a subcontractor’s contractual scope. It acts as a reconciliation tool aligning contractual commitments, executed work, and financial records. The report is primarily used by finance, project control, and audit teams to verify:
Contract quantities and values
Work progress versus agreed scope
Retention and VAT computations
Consistency between certified work and invoiced amounts
Structure
Generate - Executes the report based on the selected filters or parameters.
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Send- Used to email or forward the report directly to another user or contact.
Columns
Project Name – Identifies the project under which the subcontract is executed.
Subcontractor Name – Specifies the contractor responsible for executing the work.
Contract Type – Defines the category or nature of the subcontract (e.g., Civil Works, MEP, Supply, or Service).
Qty – Quantity of work or material defined in the agreement.
Amount (Cur) – Gross contractual value before applying any deductions.
Discount Amount (Cur) – Commercial discount, if any, agreed on the gross amount.
Net Amount (Cur) – Value after applying discount; used as the base for VAT and retention.
VAT (Cur) – Value-added tax calculated on the net amount.
Retention (Cur) – Portion of the net amount withheld as a performance or quality guarantee.
Retention VAT (Cur) – VAT amount applicable to the retained portion.
Progress % – Percentage of work completed for each line item, based on certified quantities.
Filters and Parameters
Report date- Select on date of the report
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