The General tab stores some basic information information about the contract. On this tab users are able to track the type of contract, posting and valid dates, approval, amount encumbered and remaining value.
Field Name |
Special Function |
Value Approved |
Enter the amount of money approved for this contract. |
Encumbered |
The sum of all the attached |
Value Remaining |
Enter the amount of money approved minus the Encumbered field. |
Retained |
The amount of payment being withheld until project completion. |