Contracts › Create Contracts

Create Contracts

Create contracts as part of the bidding and planning process for contracts. You can enter information about the U.S. federal government agency and details about the contract using the Create Contract page.

Note: The agency record you want to associate with this contract must be active in order for it to be available for selection. By default, when you create a new agency, the agency is active.

To create a contract

1. Select Contracts from the Earned Value Management menu.

   The Contracts list page appears.

2. Click New.

   The Create Contract page appears.

3. Complete the following fields in the General section:

   Contract Name

   Defines the contract's name.

   Contract Number

   Defines the contract's unique identifier.

   Program Name

   Defines the value used by contract performance reports (CPR) for the CPR report header.

   Description

   Defines the contract's description.

   Program Manager

   Defines the name of the contract program manager. Click the Browse icon to choose another name.

   Default: The name of the resource currently logged in.

   Earned Value Reporting Period

   Defines this contract's assigned reporting period. Once the Update Earned Value History - Contracts job runs, this field is locked.

   Default: Unlocked

   Note: Contact your CA Clarity PPM administrator or see the Administration Guide for more information. on using jobs.

   Contract Currency Code

   Defines the currency code associated to this contract. Once the contract is saved, you cannot modify the currency code.

   Contract Type

   Specifies the contract's type.

   Values: Cost plus award fee, Cost plus fixed fee, Cost sharing, Firm fixed price, Firm fixed price level of effort term contracts, Firm fixed price with economic price adjustment, Fixed price incentive, Fixed price redeterminable, Grants and cooperative agreements, IDIQ, Letter contracts, Modifications, Non procurement instruments, Orders under BOAs, Other Transactions, Technology investment agreements, and Time and material

   Phase

   Defines the current contract program's phase.

   Values: Concept, O&S (sustainment), Planning, Production, or RDT&E

   Share Ratio

   Defines the cost share ratio as defined in the negotiated contract terms.

   Start Date

   Defines the contract work's planned start date.

   Finish Date

   Defines the contract work's planned finish date.

   Definitized Date

   Defines the date the contract was signed.

   Status

   Defines the current contract program’s status.

   Values: Unapproved or Approved

   Default: Unapproved

   Contract OBS

   Defines the organizational department or subcontractor/vendor group who is responsible for delivering the work within this contract.

   Active

   Specifies if the contract is active. You can only delete inactive contracts.

   Default: Selected

4. Click the Browse icon next to the Agency field to define the agency associated with this contract, and click Submit.

   A new contract is created and displays on the list.

More information:

Create Control Accounts

Associate Agencies to Contracts

Set the Contract Performance Report (CPR) Parameters