Use this tab to enter additional billing information for government form 1443, Contractor's Request for Progress Payment. This information controls what will be printed in the header of the bill, and on some of the calculated amount lines of the bill.
Use this tab when you have selected the "Progress Payment" billing formula in the Setup Information tab. You must fill out the information in this tab in order for the Calculate Progress Payment Bills process to work accurately.
Use the fields in this group box to control the progress payment and liquidation rates printed in the header of the bill. These rates are used in the calculation of the Progress Payment and Delivery invoices.
Enter the approved progress payment rate for this project. The rate entered here is printed in block 6A of the form 1443 header.
Enter the liquidation rate in this field. The rate entered here is printed in block 6B of the form 1443 header.
This rate is used in the calculation of liquidation amounts on Delivery invoices. Delivery invoices are generated through the Enter Project Product Bills screens (Projects\Transactions\Billing). This rate is generally the same as the Progress Payment rate.
Use the fields in this group box to enter the contractor address printed in the header of the bill and some of the calculated amount lines of the bill.
Enter, or use Lookup to select, a valid payment office. This identifies the government payment office to which the bill for this project should be sent. You can enter payment offices in the Govt. Payment Offices screen. The address referenced here is printed in block 1 of the form 1443 header.
Enter the initial award date of the contract. Enter an award date of October 1, 1999, as "10/01/1999." The year will print in block 7A and the month in 7B of the form 1443 header.
Enter an estimate-to-complete value for this project. If this project has been classified as Work-In-Process, and you have completed the Cost of Goods Sold screen (Projects\Maintain\Project), the value you entered in the Estimated Costs field will default to this field. You can override this value. The amount entered is used as the amount for line 12B, Estimated Additional Cost To Complete.
Enter, or use Lookup to select, a valid contractor address.
You can enter contractor addresses in the Contractor Addresses screen. The address referenced here is printed in block 2 of the form 1443 header.
Enter the name of the contractor representative, as it should appear on the bottom of the form 1443.
Enter the title of the contractor representative, as it should appear on the bottom of the form 1443.
Using the drop-down box, select a price basis for this project. Selections available are "Contract Cost," "Contract Value," "Funded Cost," "Funded Value," and "Other." Enter the amounts for the "Contract" and "Funded" selections in the Modifications screen. If you want to use an amount different from the "Contract" and "Funded" options, select "Other" and enter the amount in the Contract Override Amount field.
The amount that you have selected will print in Box 5 of the form 1443 header. It will also be used in calculating some of the amount lines of the bill.
If you have selected "Other" as your Price Basis, enter that amount in this field. If you did not select "Other," this field is not available.
Changes to this screen update the PROJ_BILL_INFO (Project Billing Information) table.