Administering a contract over a data network
First Claim
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.
3 Assignments
0 Petitions
Accused Products
Abstract
A computer-based method for administering performance of a contract uses a server accessible by multiple performing parties through a data network, such as the Internet. The method includes receiving performance data at the server from at least one of the performing parties through the data network. The performance data indicates an amount of work performed under the contract by the performing party, and may further include an amount of materials stored. A payment amount is determined based on the performance data. A schedule of values associated with performance of the contract may be initially stored, so that determining the payment amount is further based on comparing the performance data with the schedule of values. The payment amount is sent from the server to other performing parties through the data network. The other performing parties may be notified by an email indicating, for example, that the payment amount has been approved.
23 Citations
17 Claims
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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:
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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. - View Dependent Claims (2, 3, 4, 5, 6, 7, 8, 9, 10, 11, 12, 13)
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14. A non-transitory computer readable medium storing a computer program for administering performance of a contract, the computer program being executed by a computer accessible through a data network, the computer readable medium comprising:
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a general schedule of values code segment for enabling creation of a general contract schedule of values relating to the project, the general contract schedule of values comprising a plurality of general contract line items; a subcontract schedule of values code segment for receiving at least one subcontract schedule of values via the data network, the subcontract schedule of values comprising a plurality of subcontract line items; an associating code segment for 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; a subcontract payment application code segment for receiving at least one subcontract application for payment via the packet switched data network, the subcontract application for payment including the subcontract line items; an updating code segment for automatically updating the general contract line items based on information in the associated subcontract line items received in the subcontract application for payment; and a general contract payment application code segment for creating a general contract application for payment based on the updated contract line items; wherein the general contract application code segment automatically determines a total performed work amount and a payment amount due based on the total completed work amount. - View Dependent Claims (15, 16, 17)
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Specification