Cost overview for the entire project?
What do option mean?
Cost Overview
The procurement module contains an overview of costs for:
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Each field will have a sum for
What you plan to purchase called “Buy”
What you might buy and are collecting asking price for under “Option”.
The table below provides an overview of the definition of the different totals:
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This is calculated by taking the cost limit – (value agreement + (Budget tender– Budget agreement)). This generates the difference between the cost limit and amount the tender has been stipulated to cost: the provisional value and the residual value in relation to budget.
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Example
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