Notes
Slide Show
Outline
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COMPLETING SUB CONTRACT
  • Key Lesson
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LEARNING OBJECTIVES
        • BY THE END OF THIS LESSON
  • You should know how to complete a sub contract.
  • COMPLETING SUB CONTRACT
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BENEFITS
  • Once the work is completed, you can set the sub contract to Completed status.
  • COMPLETING SUB CONTRACT
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BASIC DATA
  • To complete a sub contract, you will need to:
    • Activate a sub contract
  • COMPLETING SUB CONTRACT
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COMPLETE SUB CONTRACT
  • Before completing the sub contract you should evaluate the work done so as to determine the sub contractor’s performance based on the agreed contract. This includes:
    • Verifying that quality and standards are in accordance with legal Construction laws.
  • Once the work has been completed, and the final certificate for payment submitted to the supplier, the status of the sub contract can be set to Completed.
  • It will not be possible to modify or create new revisions for a completed sub contract.
    • However, valuations can still be created for a completed sub contract.
  • COMPLETING SUB CONTRACT
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COMPLETE SUB CONTRACT (CONT.)
  • It will be possible to complete a sub contract even if a released call off exists for a line item.
    • For such occurrences the line item will retain the Work In Progress status.
    • A released call off may still exist, for instance, when the contractor has decided not to proceed with the call off.
  • COMPLETING SUB CONTRACT
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EXERCISES
  • Completing Sub Contract
    • Set the sub contract to Completed status.
  • COMPLETING SUB CONTRACT
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SUMMARY OF EXERCISES
        • WHAT YOU DID
  • Completed a sub contract
        • WHAT YOU LEARNED
  • How to set the status of a sub contract to Completed
  • COMPLETING SUB CONTRACT
  • COMPLETING SUB CONTRACT
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END OF LESSON