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.

Follow these steps:

1. Open Administration, and from Earned Value Management, click Contracts.

   The list page appears.

2. Click New.

   The create page appears.

3. Complete the following fields in the General section:

   Contract Name

   Defines the contract name.

   Contract Number

   Defines the contract unique identifier.

   Program Name

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

   Description

   Defines the contract description.

   Program Manager

   Defines the name of the contract program manager. Select a contract program manager in the Program Manager field.

   Default: The name of the resource currently logged in.

   Earned Value Reporting Period

   Defines the assigned reporting period for the contract. Once the update earned value history of contracts job runs, the field is locked.

   Default: Unlocked

   Contract Currency Code

   Defines the currency code associated with the contract. Once the contract is saved, the currency code cannot be modified.

   Contract Type

   Specifies the contract 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 re-determinable, 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 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 planned start date for the contract work.

   Finish Date

   Defines the planned start date for the contract work.

   Definitized Date

   Defines the date of signing the contract.

   Status

   Defines the current contract program status.

   Values: Unapproved or Approved

   Default: Unapproved

   Contract OBS

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

   Active

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

   Default: Selected

4. Select an agency in the Agency field to define the agency associated with the contract, and save.

More information:

Create Control Accounts

Associate Agencies to Contracts

Set the Contract Performance Report (CPR) Parameters