Adding Contract Price Items

You can add a contract price item.

Required access roles:

  • Baseline: Leader
  • App-specific: Contracts Manager, contract owner

Before you begin: A CLIN must exist.
See Also
Creating a CLIN
Opening a Contract
  1. Open the contract price page. For more information, see Opening a Contract Price Item.
  2. Select the check box next to the contract to add the contract price item.
  3. From the page toolbar, click Actions > Add Contract Price Item .
  4. Enter the following information:
    Field NameDescription
    TypeThe type is Contract Price Item.
    NameEnter a name for the contract price item or check Autoname to automatically name the contract price item.
    DescriptionEnter a detailed description for the contract price item.
    CLINClick in the field to type ahead and view the available CLIN revisions. You can also click to search and select the CLIN.
    Sharing FormulaEnter the sharing formula.
    Minimum FeeEnter the minimum fee agreed for the associated line item in the contract.
    Maximum Fee Enter the maximum fee agreed for the associated line item in the contract.
    Total CostThe sum of the cost and the profit for the associated line item in the contract (the value is calculated from the cost and profit).
    Estimated CostEnter the estimated cost in the correct currency.
    Base FeeEnter the standard fee agreed for the associated line item in the contract.
    Award FeeEnter the awarded agreed for the associated line item in the contract.
    Fixed FeeEnter the fixed fee agreed for the associated line item in the contract.
    Incentive FeeEnter the incentive fee agreed for the associated line item in the contract.
    ACRNEnter the Accounting Classification Reference Number.
    ACRN GroupEnter the Accounting Classification Reference Number Group.
    Billing GroupEnter the group responsible for billing.
    CommentsEnter any comments related to the contract price item.
    Expiration DateClick to select the contract price item's expiration date.
    TitleEnter the title of the contract price item.
    Type of ContractSelect the type of contract: Cost, Cost Sharing, Cost-Plus Award-Fee, Cost-Plus Fixed-Fee, Cost-Plus Incentive-Fee, Firm Fixed-Price, Fixed-Price Incentive, Fixed-Price with Economic Adjustment, Letter Contract, Time and Materials, or Unassigned.
    Type of Contract ActionSelect the type of contract action: Change Order, Letter Contract, New Contract, Price Revision/Redetermination, Unassigned, Unpriced Order, Other.
    Type of FeeSelect the type of fee: Award, Base, Fixed, Incentive, Unassigned.
  5. Click Apply to add more contract price items or click Done to complete the action.

The new contract price item is listed below the contract on the Contract Price tab.