Vision Demo - CLM - Requisition Amendment, Award Modification Creation and Merging
(Doc ID 2573218.1)
Last updated on JULY 08, 2021
Applies to:Oracle Contract Lifecycle Management for Public Sector - Version 12.2 and later
Information in this document applies to any platform.
This is the second of two Vision Demo notes for Oracle Contract Lifecycle Management (CLM) on the Requisition to Award flow with Amendments and Modifications
|Requisition to Award with Partial Funding||2573019.1||Vision Demo - CLM - Requisition to Award Flow with Incremental Funding|
|Incremental funding with Modification of Award||THIS NOTE||Vision Demo - CLM - Requisition Amendment, Award Modification Creation and Merging|
The purpose of this document is to illustrate requisition amendment for incremental funding to Award Modification and approval flow.
Partial funding is utilized when a procurement item(s) might take several fiscal periods to complete and the funding for a particular period is only available when the Requisition/Award is created.
Awards that are partially funded can be incrementally funded via the requisition amendment and Award modification process.
CLM Terms/Features illustrated in this note:
Incremental & Partial Funding
Total Value vs. Funded Value
Accepting Amendments via DWB
Generating Award Change Description
For the CLM Users Guide See <Note 1306980.1> Where Are The CLM (Contract Lifecycle Managegment) Manuals
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In this Document
|Find the requisition and select CHANGE and click GO BUTTON|
|Amend the Requisition|
|---> Login to a CLM PURCHASING responsibility and go to Awards - query the award|
|Create a Modification|
|----> Click on the Demand Workbench|
|Generate the Change Description|
|View Funding Change Summary document|