Candy's Subcontract Management application permits the analysis the quantities of work awarded, the monitoring of progress and the status of payments to subcontractors.
Advantages
• Subcontracts already set up in the Adjudicator can be used in the Subcontract Manager with the adjudicated subcontractor and adjudicated rates.
• Any bill item can be assigned to several subcontractors, each with a separated awarded quantity and rate, and the awarded total quantitu and amount can be compared directly against the quantity and the amount in the budget.
• Issuance of weekly, fortnightly and/or monthly payment certificates using configurable company-specific Excel templates.
Features
• Direct link to Subcontract Adjudicator
• Multiple subcontractors per Bill of Quantities (BOQ) item
• Dynamic link between the subcontract progress certificate, the contract progress certificate and the client valuation.
• For each subcontract, there is a record of Information about the contract documentation, control of extra costs, contra charges, advanced payments, escalation and certificates that are issued.
• Record of work performed by each subcontractor, including amounts for payment and liabilities.
• Pre-defined, customisable and detailed reports.
• Consolidated management reports for the numerous subcontracts.
Candy's Subcontract Manager module tracks the progress and status of subcontractor payments. Measurements of work carried out by different subcontractors are consolidated and used to update the production schedule, facilitating the calculation of the quantities to be invoiced to the client and paid to the subcontractor and eliminating duplicate measurements.
Measurements of the subcontractor's progress, the progress claimed, the due and the paid, along with variation orders for additional work, materials on site, advance payments, extra- and contra-charges are used to dynamically obtain subcontract management.
Subcontract Management is a key project management process and this system brings together all the elements to easily manage multiple subcontractors, keep track of their progress, connect them to specific subcontracts and to link them to other costs.
Pre-defined customisable reports provide real-time information and progress updates on Subcontracts, enabling an integrated overview.