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

Intergraph Smart Materials Portal Classic Help (10.1)

PPMProduct
Intergraph Smart Materials
aSubProduct
Portal Classic
PPMCategory_custom
Help
Version_SPMat_custom
10.1

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.