Contract Price Item Lifecycle

The Contract Price Item policy defines the lifecycle states of a contract price item.

The Contract Price Item lifecycle includes these states:

This page discusses:

Proposed

Contract price item's are created in the Proposed state by the Administrator, Leader, Contracts Manager, or the global user with special owner access. The Leader or Contracts Manager can promote the contract price item to the Authorized state. The connected sales orders must be in Anticipated state, before you can promote a contract price item to Authorized state.

Authorized

The Leader or Contracts Manager can promote the contract price item to the On Contract state. The connected sales order must be in the Authorized state before you can promote the contract price item to the On Contract state.

On Contract

The Leader or Contracts Manager can promote the contract price item to the Closed state.

Closed

The contract price item is no longer available.