When combined with a properly configured timecard entry and a flexible rate definition, this Project Costing extension will determine accurate labor costs for your projects based on the prevailing wage paradigm usually mandated by the Davis Bacon Act. It can also account for the project cost of in-kind benefits provided to employees on job sites.

Pay When Paid is enabled via this Project Costing extension. Managing cash is critical in resource-intensive projects; margins are low, and interest on negative cash flow can consume the planned project margin. Project managers use this mechanism to pay the supplier only when payment for the provided services or material is received from the project customer.

The Work Quantities and Productivity Reporting extension provides budgets, planned/actuals, and custom productivity reports based on standard expenditures offered in Cloud PPM. Activity is generally based on quantities of work; each type of work comes with a productivity standard. Preparing and measuring work items and effort produced aligns performance with the project budget.

This extension addresses billing retainage based on specific percentages for different types of costs and re-billing schedules for the retained amounts. Retainage, or retention, refers to withholding a certain percentage of the contractor's payment until a predetermined date. This regulation helps guarantee project completion from start to finish.

This extension allows external parties to send inbound comms with project and document identifiers to a central server and updates the appropriate PPM issue with comments or approvals. Issue management in Cloud PPM referencing RFIs, submittal, transmittals, and outbound comms with 3rd parties are accomplished easily, whereas inbound comms are more complex.

Cloud PPM supports maintaining change order (CO) data at a summary level but not detailed estimations. This extension links a CO with a budget version in a common financial plan. The budget version is used to estimate the CO and send an estimated values report and summary containing the details. The CO can then be routed for internal and external approval.

This extension merges specific change order (CO) estimates with a project forecast and budget with appropriate approvals from the CO document. This further extends the capabilities of the Change Order Management extension. As mentioned above, Cloud PPM supports maintaining CO information at a summary level but doesn't detail or merge estimations.

This extension is modeled by the contract structure in Cloud PPM, with each contract line representing one line in the schedule of values (SOV). Standard contract line attributes and DFFs are used to capture all SOV line attributes. Invoicing then drives these contract lines and custom invoice formats for forms G702/G703 that can be generated to enable payment.