Modifications Tab

Use this tab to enter all modifications for signed and funded value, as well as period of performance.

Enter the initial signed and funded value for a project against Modification "0000." Modification numbers other than "0000" are not treated as original values for reporting purposes.

Use this tab to enter the initial signed value, funded value, and period of performance for a project. Then use it only to update modifications to signed or funded value, or to the period of performance.

Contents

Field	Description
Modification ID	Enter the project modification number. As long as numerals are used in the beginning or end of the modification number, Costpoint provides a default of the last modification number for the project plus one. If no modification numbers are found, it defaults to "0000." After you save the record, this field is non-editable. Note: The size of the initial modification number that is used also determines the size of all modification numbers for the project (that is, if you assign a modification number of A1 as the first number, you run out of modification numbers after A9 because Costpoint treats A10 the same as A1).
Description	Enter the description of the modification.

Period of Performance

Field	Description
Start Date	Enter, or click to select, the start date of the project. The start date of the project is generally in the contract.
End Date	Enter, or click to select, the end date of the project.

Value Modifications

Field	Description
Value	This field displays either a user-supplied signed value for the project or a system-calculated signed value, which is derived by using the Cost, Fee, and Fee % fields. The calculation varies depending on which two of the three variables were entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.
Fee %	This field displays either a user-supplied fee % for the project or a system-calculated fee %, which is derived by using the Value Modifications Cost, or Value Modifications Fee fields. The calculation varies depending on which two of the three variables have been entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.
Cost	This field displays either a user-supplied signed value for cost for the project, or a system-calculated cost value, which is derived by using the Fee, Fee %, and Value fields. The calculation varies depending on which two of the three variables were entered. At least two variables must be entered for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.
Fee	This field displays either a user-supplied signed value for fee for the project, or a system-calculated fee value, which is derived by using the Current Cost, Current Fee, and Value fields. The calculation varies depending on which two of the three variables were entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.

Funding Modifications

Field	Description
Value	This field displays either a user-supplied funded value for the project, or a system-calculated funded value, which is derived by using the Funding Value Current Cost, Funding Value Fee %, and Funding Value Current Fee fields. The calculation varies depending on which two of the three variables were entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.
Fee %	This field displays either a user-supplied funded fee for the project, or a system-calculated funded fee, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables were entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.
Cost	This field displays either a user-supplied funded value for cost for the project, or a system-calculated cost value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables were entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.
Fee	This field displays either a user-supplied funded value for fee (or profit) for the project, or a system-calculated fee value, which is derived by using the Cost, Fee %, and Value fields. The calculation varies depending on which two of the three variables were entered. You must enter at least two variables for any calculation to take place. If you enter a value (other than "0.00") here, it is not recalculated regardless of any changes made to the other three variables. If you enter "0.00" (or no value), the value of this field is recalculated based on entries made to the other three variables.