Billing Methods

Prime contract invoices are processed differently based on the contract type.

Fixed Lump Sum Contracts

• Prime Contract Original Items (Commercial Term: Schedule of Values | Residential Term: Bank Draws)
• Approved Change Order (CO) Items

Cost Plus Contract with or without Guaranteed Maximum Price (GMP)

• Bills
• Sub Invoices
• Employee Misc. Expenses
• Labor Timecards
• Equipment Timecards
• Work Orders
• Items entered manually
• Invoice Markups (established in Prime Contract)

Unit Price Contract

• Prime Contract Original Unit Price Items
• Approved Change Order (CO) Items