Payment Application

From SPEAR
Type: Information Object

Status: Planned
Industry Sector: Construction
Sensitivity Level: Confidential
Personal Information: No PII

Description:
A periodic valuation submitted by a contractor or subcontractor claiming payment for works completed to date. This is separate from the Enterprise Core information object Payment, because a construction payment application is a formal progress-payment claim rather than the completed transfer of money.
 Yes

Attributes

OrderNameDescriptionTypeCardinalityExample value
1Application IDUnique identifier of the payment applicationGUIDMandatory
2Application NumberBusiness reference number of the payment applicationStringMandatoryIPC-014
3Project NameConstruction project for which payment is claimedStringMandatory
4StatusCurrent review, certification or payment status of the applicationEnumerationMandatorySubmitted
5Certified AmountAmount approved for payment after reviewDecimalMandatory
6Submission DateDate the payment application was submittedDateMandatory
7Submitted ByContractor or subcontractor submitting the applicationReferenceMandatory
8Gross ClaimTotal amount claimed before certification or deductionsDecimalMandatory
9CurrencyCurrency used for monetary values in the applicationEnumerationMandatoryUSD
 Yes
 
 Planned
 No PII
 Confidential
 Construction
 A periodic valuation submitted by a contractor or subcontractor claiming payment for works completed to date. This is separate from the Enterprise Core information object Payment, because a construction payment application is a formal progress-payment claim rather than the completed transfer of money.


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