Vision Demo - CLM - Award to Post Award Request (PAR) , Creation and Approval
(Doc ID 2578713.1)
Last updated on APRIL 20, 2023
Applies to:
Oracle Contract Lifecycle Management for Public Sector - Version 12.2 and laterInformation in this document applies to any platform.
Goal
This is the first of two Vision Demo notes for Oracle Contract Lifecycle Management (CLM) on the Post Award Requests functionality
| Create PAR | THIS NOTE | Vision Demo - CLM - Award tp Post Award Request (PAR) , Creation and Approval |
| Implement PAR | 2578962.1 | Vision Demo - CLM - Post Award Request (PAR) to Modification Approval and Merging |
The purpose of this document is to illustrate the Post Award Request functionality and process.
CLM Terms/Features illustrated in this note:
Informational lines
Post Award Requests (PAR)
Document Validation
TAS/BETC distribution field entry
Change in Funded Value
PAR Explained:
Post Award Requests, as the name suggests, are documents created after the award is approved. These documents capture the required changes to the approved award.
With post award requests, contracting professionals do not have to go through the more formal cycle of creating modification documents immediately.
When the post award request is created, capturing the changes to the award that are required, and after it is approved, it can be merged with the modification document.
Thus post award request documents are interim documents that enable contracting professionals to make changes on an award and then create modification documents which capture the same changes from the post award request documents.
Post award requests are similar to purchase requisitions, however, unlike purchase requisitions that are created before the award, post award requests are created after the award is approved.
Requesters usually initiate change requests for an approved award. When the change request is approved by the relevant approvers, a post award request is created for the award. Then the Contract Administrator, who manages requests for changes to an existing contract from various sources, incorporates the changes from the post award request to a modification.
For the CLM Users Guide See Note 1306980.1 Where Are The CLM (Contract Lifecycle Managegment) Manuals
Solution
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In this Document
| Goal |
| Solution |
| Create an Award |
| Create the Post Award Request (PAR) |
| References |