When to Use Price Catalogs and Contract Line Item Number (CLIN)

Create unit or material budgets using the Contract Line Item Numbers (CLINs) that are established and maintained in the Unit Pricing Information menu of Costpoint Project Setup, and/or the Price Catalog tables established and maintained in Costpoint Product Definition.

The cost and/or price information established in the CLIN or Price Catalog tables defaults on the Units subtask of the Manage Project Budgets and ETC screen for the material/unit items that are budgeted.

Note: When first creating a budget for a project, select either the Unit Cost or the Unit Price option on the Info tab of the Manage Project Budgets and ETC screen. You must always select a format for unit budgeting when creating a project budget.