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Procore

Enable Financial Markup on a Prime Contract

Objective 

To enable Procore's financial markup capabilities on a prime contract.

Background 

You can enable financial markup capabilities on individual prime contracts. This gives your project user's the ability to apply financial markup to PCCos associated with a commitment as described in Add Financial Markup to Prime Contract Change Orders (PCCOs).

Things to Consider 

  • Required User Permissions:
    • 'Admin' level permissions on the project's Prime Contracts tool.

Prerequisites

Steps 

  1. Navigate to your project's Prime Contracts tool.
  2. Locate the contract to work with. Then click the Edit button.
  3. In the contract, click the Advanced Settings tab.
  4. Click the Edit button.
  5. Under 'Financial Markup Settings', mark the Enable Financial Markup checkbox.
  6. Click Save.

 

If you would like to learn more about Procore’s prime contract software and how it can help your business, please visit our construction contract management software product page here.