Enter cancellation costs - Intergraph Smart Materials - Version 10.1 - Help - Hexagon PPM

Intergraph Smart Materials Portal Classic Help (10.1)

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You can define and maintain the cancellation costs, which are the penalties that must be paid to the bidder if the agreement is rejected. The penalty is specified based on a number of weeks.

  1. Click Financials - Cancellation Costs on the menu.

  2. Click Add AddIcon and create a new cancellation cost.

  3. Enter the number of weeks or period for which this penalty is assigned in the No. of weeks box.

  4. Enter the percentage of penalty to be paid in the Percentage of payment box.

  5. Click Save.