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Procore

How do I edit an initial award amount for a contract in Portfolio Financials?

 Note
This information is intended for accounts with Portfolio Financials product in Procore. Please reach out to your Procore point of contact for more information. 

Answer

To edit an award amount for a contract, you can edit the contract in the Contract Room and enter a new amount in the Total Contract Value field. See Edit a Contract in Portfolio Financials.

 Important
You can only edit an initial award amount if there are no payment applications submitted against the contract.

If you need to edit the initial award but payment applications have already been added, there are two options to be able to change the amount: