Contracts in Alasco reflect the real contracts of a construction project. They contain contract documents and relevant contract details as metadata. Contracts are always assigned to exactly one contract unit, which determines the respective invoice and change order workflow used.
When creating a contract, you define the Contract type as well as the Status. This can change over the course of the project. Furthermore, Alasco allows you to record additional details on separate tabs, such as Securities, Reserves, Financial risks, and Receivables, or to add comments to the contract.
In the further course of the project, the Invoices submitted by the Contractor are recorded and assigned to the contract. These are then settled by the Contracting entity according to the defined Contract terms and any stored Cost allocations. This also applies to any required Change orders.
Number of entries on contract tabs
To give you a quick overview, the number of entries is displayed as a count badge on the tabs of a contract. You can see the number of entries at a glance on the following contract tabs:
- Comments
- Documents
- Invoices
- Change orders
- Financial risks
- Receivables
- Progress reports