Page History

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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

1. 1. Qty - Quantity of work or material defined in the agreement.
   2. Amount (Cur) - Gross contractual value before applying any deductions.
   3. Discount Amount (Cur) - Commercial discount, if any, agreed on the gross amount.

• Payment Application- 

1. 1. Quantity -Quantity of work claimed in this payment period
   2. Amount (Cur) - Value after applying discount; used as the base for VAT and retention.
   3. VAT (Cur) - Value-added tax calculated on the net amount.
   4. Retention (Cur) - Portion of the net amount withheld as a performance or quality guarantee.
   5. Retention VAT (Cur) - VAT amount applicable to the retained portion.
   6. Progress % - Percentage of work completed for each line item, based on certified quantities.

• Payment Certificate (PC)

1. 1. Qty - Amount of work certified for this payment.
   2. Amount (Cur) - Contractual value of the certified work.
   3. VAT (Current) - VAT on the certified work for this period.
   4. Retained - Portion of the certified amount held back (retention).
   5. Retention VAT (Cur) - VAT on the retained amount.
   6. Progress % - % of total project/work approved so far.

• Invoiced

1. 1. Qty - Quantity invoiced by the subcontractor.
   2. Amount (Cur) - Amount invoiced

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1. 1. , excluding VAT.
   2. VAT (Current) - VAT on the invoiced amount.
   3. Retention (Cur) - Retention deducted from the invoice.
   4. Retention VAT (Cur) - VAT on the retention amount.
   5. Progress % - % of total contract value invoiced to date.

Filters and Parameters

Report date - Select on date of the report

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