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Project - Identifies the project under which the subcontract is executed.
Subcontractor - Specifies the contractor responsible for executing the work.
Contract - Defines the category or nature of the subcontract (e.g., Civil Works, MEP, Supply, or Service)The contract linked to the subcontractor agreement.
- Subcontractor agreement - Refers to the formal document agreement with the subcontractor.
- Subcontractors WBS -Work Breakdown Structure assigned to the subcontractor.
- Agreement
- 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.
- Payment Application-
- Quantity -Quantity of work claimed in this payment period
- 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.
- Payment Certificate (PC)
- Qty - Amount of work certified for this payment.
- Amount (Cur) - Contractual value of the certified work.
- VAT (Current) - VAT on the certified work for this period.
- Retained - Portion of the certified amount held back (retention).
- Retention VAT (Cur) - VAT on the retained amount.
- Progress % - % of total project/work approved so far.
- Invoiced
- Qty - Quantity invoiced by the subcontractor.
- Amount (Cur) - Amount invoiced
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- , excluding VAT.
- VAT (Current) - VAT on the invoiced amount.
- Retention (Cur) - Retention deducted from the invoice.
- Retention VAT (Cur) - VAT on the retention amount.
- Progress % - % of total contract value invoiced to date.
Filters and Parameters
Report date - Select on date of the report
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