Note: Retainage may only be edited on Pay Estimates that are in Created status, or those that have been rejected back to the Originator and are in Rejected status.

 

1.   From your homepage, click the Contract Name link of the contract to access a Pay Estimate for the contract.

2.   Hover your mouse over the Contract Management link on the menu bar.

3.   Click the Manage Pay Estimates sub-link from the menu bar.

4.   A list of all Pay Estimates created for the contract appears.

5.   Click the Edit link to the right of the Pay Estimate that includes the retainage that you wish to edit.

 

Note: The default Retainage values for work items and material items were specified when the Initial Base Work Order was created..  To manually override retainage amounts and review a detailed explanation of how retainage is calculated, click the Edit Retainage Released this Period link near the bottom of the Edit Pay Estimate page.

 

6.   Click the Edit Retainage Released this Period link near the bottom of the pay estimate. 

7.   Edit the appropriate values (See Screen Shot).

8.   Click the Recalculate button at the bottom of the page.

9.   Review values and click the Save Changes button.

Note:  You will not be allowed to release more retainage than was previously withheld.