Invention Grant
- Patent Title: Variations management
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Application No.: US15549699Application Date: 2015-02-27
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Publication No.: US10861114B2Publication Date: 2020-12-08
- Inventor: Paul F. Erbe , David M. Freeman , John W. Smith , Christopher R. Vernon , James Stanley Bohnert
- Applicant: TEXTURA CORPORAITON
- Applicant Address: US CA Redwood Shores
- Assignee: TEXTURA CORPORATION
- Current Assignee: TEXTURA CORPORATION
- Current Assignee Address: US CA Redwood Shores
- Agency: Kraguljac Law Group, LLC
- International Application: PCT/US2015/018039 WO 20150227
- International Announcement: WO2016/137499 WO 20160901
- Main IPC: G06Q50/08
- IPC: G06Q50/08 ; G06Q30/04 ; G06Q40/00 ; G06Q50/18

Abstract:
Systems and methods are presented by which a contractor can initiate a proposed variation to a project contract and request payments against the proposed variation even before the variation is approved by the other party to the project contract. A data structure representative of proposed variation is generated and maintained as the proposed variation is reviewed, approved, and elevated to become part of the actual budget for the project. Because the same data structure is maintained throughout the process and after the proposed variation is approved, payment requests, payments, and any other actions taken against the data structure before the proposed variation is approved are automatically linked to the actual budget after approval and, thereby, are recognized and processed by external accounting systems as though the variations were created by the other party to the contract.
Public/Granted literature
- US20180012315A1 VARIATIONS MANAGEMENT Public/Granted day:2018-01-11
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