Budget allocations
Field definitions for budget allocations.
Budget allocations show the impact of a PCO item on the budget columns. A PCO item impacts the budget when the owner, or another party, agrees to pay for the change.
| Name | Abbreviation | Description |
|---|---|---|
| Approved Revisions | Appr Rev | The owner agrees to pay for the change, and you and the owner have agreed to the cost. |
| Approximate Revisions | Apprx Rev | You expect the owner to pay for the change, and you only have an estimate for the cost. |
| Cancelled | -- | The change is cancelled or rejected. |
| No Allocation | No Alloc | The change doesn't impact the budget. |
| Pending Revisions | Pend Rev | You expect the owner to pay for the change, and you have a quote from the subcontractor.You can assign this allocation when you submit the PCO to the owner for approval. |