Note: Images are of Cost Management in Autodesk Build. However, the functionality is the same within BIM 360 Cost Management.

Settings

Inclusive Tax – To support countries where tax is deemed to be inclusive in cost management tables, there is a new Value type option in Settings > General > Tax.

• Choose between ‘Tax-exclusive’ or ‘Tax-inclusive’ for contracts, payment applications, and change orders. What does this mean?
  • Tax-exclusive: The table view shows values that do not include tax. However, you can calculate the tax separately from the tax formula for documentation purposes.
  • Tax-inclusive: The table view shows values that include tax. However, you can calculate the values based on the amounts excluding tax and the tax formula.
  • When ‘Tax-inclusive’ is selected, the Original Commitment column within the Budget overview will display Contracted Commitment + Contracted Commitment Tax Total.

Capped Tax Calculation – Capped tax is set when creating a tax formula. Admins have the option to set a taxable base limit for the total schedule of values amount or for each line-item amount. By default, the taxable base limit field is blank.

Contract Compliance Requirement Enhancements – To support greater flexibility the following enhancements have been added to contract compliance requirements:

• A new option in Compliance Requirements Settings to unblock/block contract options.

• A new compliance column in the contract overview table showing status. And the ability to unblock and allow Cost Payment Application actions if compliance requirements are pending.

• The ability to update compliance requirement expiration dates and upload documents at any point.

Approval workflow enhancement – The following custom attribute types can now be used as a condition to route Approval workflows: text, number, dropdown, checkbox. Click here to learn more about custom attributes.

Written Currency Variable Formatting – The system now automatically detects whether the conjunction ‘and’ should be included in currency variables. For example, in USD, ‘and’ is always excluded before ‘dollars,’ while in GBP, ‘and’ is always included before ‘dollars.’

Budget Snapshots – Project Template Enhancement – Budget Snapshot schedules are now inherited from the project template when creating a new project with a template.

Budget Tool

Internal Budget Transfer Enhancements – To offer greater flexibility a new setting allows budget transfers to affect the Main Contract without going through a formal Owner Change Order process and have associated internal approval workflows if required.

• New option in Settings > Budget > Main Contract Schedule of Values Settings.

• A new Internal Budget Transfer column has been added to the Main Contract overview. And Budget Payment Applications has a new ‘add Internal Budget Transfer’ button.

• A new custom approval workflow for internal budget transfers has also been added with several conditions to trigger it.

• In the Budget overview, a new internal budget transfer subtable has been added. Click the blue triangle to expand it and see additional details like status. A new column for pending and approved internal budget transfers has also been added. And each transfer has a code as well, like a change order.

Contract SOVs Integration State Enhancement – When the integration state is locked and the Contract schedule of values is set to ‘Amount locked,’ the system now allows processing of the Schedule of Values.

Depending on how your preference is set up and whether you fill out the contract SOV before or after the contract is executed and integrated to the ERP please check you are using the appropriate setting in Settings/Contract Schedule of Values

Note: Once status set as ‘Fully Locked’ and ‘Integrated and Locked’ users can no longer change status

Main Contract SOV Enhancement – 2 new context menu entries, ‘Insert above’ and ‘Insert below’ to make editing easier.

Custom Terminology Enhancement – Further to the recent enhancement to customize the term ‘Accepted for cost changes, it has now been extended to Cost Payment Applications and Budget changes.

Change Orders

SCO Change Approval Workflow Rule Enhancements – Added new option to include value of total contract sum including the current SCO

COR & PCO as COR Filter – Added ‘In Review’ system filter

COR variables – Added ‘Revised At’ variable.

Forecast

Performance Tracking Enhancement – To improve automated forecast adjustment calculation in Performance Tracking, if an item has been affected by performance level and trending unit cost change, when members select add adjustment from a tracking item or instance, the system now always creates two adjustments to cover each type of reason for adjustment providing better auditability.