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Overview – Subcontract Management
The Subcontract Management module is used to track all activity related to subcontracts that may be involved in a project. This includes entry of contract details including billing and taxes, as well as tracking of change orders when used with CMiC Field (formerly xProjects/Project Management) or Change Management module(s).
Subcontract Management features:
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Integration of all subcontracting activity.
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Management of exposure through detailed tracking of liens, waivers, releases and insurance certificates.
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Control of subcontracting arrangements, contracts, billing and payment arrangements.
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CMiC and Textura have collaborated to integrate our Subcontract Management, CMiC Field, and Accounts Payable modules with their web-based Construction Payment Management ™ solution to improve the operational efficiency of invoicing, compliance management, lien waiver collection and payments related to subcontracts and change orders. Textura uses the details of the received Subcontract/Change Order to create an online tracker for the tasks (associated to cost codes) required to complete the Subcontract/Change Order, which is used by subcontractors to report how much of each task was completed during each payment cycle for payment purposes. For further details, please refer to our Real Time Integration (RTI) guide.