You can track and control performance and payment bonds, letters of credit, and other bank and parent guarantees so that you can mitigate risk if an incident with a subcontract occurs.
The screens that display bonds and surety information are SM.10.12 Bond/Surety Types and SM.20.11 Subcontract Administration (Bonds/Surety tab).
Enter bond/surety information for a subcontract
In the menu tree, navigate to Smart Materials > Site > Subcontract Management > SM.20 Subcontracts.
Double-click SM.20.01 Subcontractor Workload.
Enter a query.
Double-click an agreement number to open SM.20.11 Subcontract Administration.
On the Bonds/Surety tab, create or modify the information.
The LOV for the Bond/Surety Type field displays the types defined on SM.10.12 Bond/Surety Types.
You can view bond information for change orders on the P.50.07 Maintain Agreements: Window 2 screen (Change Order Details tab).