Releasing contract modifications

This information is relevant when contract modifications are released:

  • If the line contains no errors, the status of the line is updated from Entered to Released.
  • If the line contains no errors, the release date is updated.
  • If the line contains no errors and the Update Project Contract Amount was selected, the contract amount is updated.
  • If the line contains no errors and the Update Funding Source Amount was selected, the Finance Dimension 2 amount is updated. The amount on Finance Dimension 2 must be greater than zero. If the amount is blank, then the record is not updated.
  • If the line contains an error, a red alert is displayed on the line and the header. The line remains in an entered state. Fix any error and click Release to process lines.
  • When the modification is in a released status, no changes can be made.

Use these steps to release contract modifications:

  1. Select Project Contracts or My Project Contracts.
  2. Open the project contract.
  3. On the Modifications tab, select the contract modification.
  4. Click Release.
  5. Click OK.