Use this subtask's "drill-down" feature to review the detail for line 13 of your 1443. The amount in this bill line is the result of a calculation. Therefore, the detail for this calculation cannot be edited.
This field displays the project from the main screen. The name of the project appears in the field to the right.
This field displays the result of adding line 12a and line 12b.
This field displays line 5, Contract Price, from the Section I - Identification Information subtask.
This field displays the result of dividing the Contract Price by the Estimated Total Costs.
This field displays the result of multiplying line 11 by the loss ratio percentage.
This field displays line 6a, Progress Payment percentage, from the Section I - Identification Information subtask.
This field is determined by the amount of estimated costs and whether they have exceeded the contract price. If the Estimated Total Costs (Line 12a plus 12b) do not exceed the Line 5 Contract Price, the system multiples the Total Eligible Costs (line 11) by the Progress Payment rate (line 6a) to arrive at the line 13 costs. If the estimated costs exceed the Line 5 Contract Price, the system must obtain a loss ratio percentage by dividing the contract price by the estimated costs. This percentage is multiplied by the Total Eligible Costs (line 11) to reduce the total costs eligible for progress payment. The system then multiplies the resulting amount by the progress payment rate to arrive at the line 13 costs.