Contract Overrun/Underrun Computation Report

Version 7.2.1 Changes

Corrected a problem where SA’s that grant time and have AC or Other adjustments had those adjustments accounted for twice.

Corrected two errors on this report .
- Previously, the "Additional Time Allowed by SA (Listed Above)" field sometimes included too many days.
- The "HiCAMS Calculated Time Allowed by Pro Rata" now rounds up for all cases.

This new report will calculate and display the pro rata extension days allowed based on the system determination of contractual overruns/underruns at any time on the contract.
Running the report at any time for a contract will display the Fiscal Overrun/Underrun to-date by comparing the most recent estimate’s amount paid to date to the contract’s original bid amount. Then the dollar amount adjustments paid to date are removed (AC & Fuel price adjustments, Pay Factors, and payments on line items from SA’s that grant time to CT00) from the total payment to date to show the adjusted current contract amount. That amount is then compared to the original contract bid amount to determine the contractual overrun/underrun percent and dollars. The contractual overrun/underrun percent is then applied to the original contract calendar days to yield the HiCAMS calculated time extension allowed by pro rata. This result may or may not then be applied by the user in the pro rata days field on the Damages tab in Review Estimates.
The system also tallies the total adjusted contract days by adding the pro rata extension days to the original calendar days plus the time extensions allowed by SA’s.

Page last updated 20 April 2009