Create a Contract Change - Price Only

The Contract Change (Price only) option is used to change only the unit cost or total cost of a pay item.

Step by Step — Create Change Records Automatically

  1. On the Execution tab, click Budget / Contract Changes to open the Budget / Contract Changes Register.
  2. On the Actions tab, click New.
  3. In the Attention dialog box, select the Change Record Type Cost Item or Account.
  4. Select Create Change Records from scratch, and then click OK to open a new Change Record.
  5. In the Type field, select Contract Change (Price only).
  6. On the Header tab, enter a Description of the change, along with any tags, user defined fields and notes that you want to associate with this change.
  7. Click the Details tab .
  8. In the Contract Change Details data block, click in the Pay Item column on the first blank row.
  9. Click the pay item icon on the right side of the cell to display a selection register of the pay items in the Pay Item & Proposal Register.
  10. Select the pay items that you want to revise. The relevant information from the Pay Item & Proposal shows on the Contract Change Details register rows.
  11. Enter the Unit Price Change or Total Price Change.
  12. To approve this Contract Change, select Edit > Approve or click the Budget Change Approve icon to approve it.
  13. To save this record, click OK.

After you save an approved record, it will be reflected in your Current Budget.