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Administering a contract over a data network

  • US 8,510,181 B2
  • Filed: 09/30/2003
  • Issued: 08/13/2013
  • Est. Priority Date: 10/04/2002
  • Status: Active Grant
First Claim
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1. A method for administering performance of a project using web server accessible through a packet switched data network, the method comprising:

  • creating a general contract schedule of values relating to the project, the general contract schedule of values comprising a plurality of general contract line items;

    receiving at least one subcontract schedule of values via the packet switched data network, the subcontract schedule of values comprising a plurality of subcontract line items;

    receiving associations between the subcontract line items of each subcontract schedule of values and the general contract line items of the general contract schedule of values;

    receiving at least one subcontract application for payment via the packet switched data network, the subcontract application for payment including the subcontract line items;

    updating the general contract line items at the web server based on information in the associated subcontract line items received in the subcontract application for payment; and

    creating a general contract application for payment at the web server based on the updated contract line items;

    wherein the general contract application for payment automatically determines a total performed work amount and a payment amount due based on the total performed work amount.

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