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What are Funding Sources?

Use funding sources to budget anticipated cost and provide funding to project invoices

JD Williams avatar
Written by JD Williams
Updated over 9 months ago

Funding Sources Overview:

Funding Sources can come from diverse entities (banks, owner equity, federal, state, and local governments, etc.) Properly aligning anticipated costs with funding sources is crucial for a project's success.

As an Owner or Owner's Rep, you can use Funding Sources with the Project Budget tool to calculate funding distributions, plan according to budget and commitment levels, and add new funding sources at any time.

In your Ingenious workspace, you can use Funding Sources to create and manage funding sources efficiently. As funds are allocated to a project and invoiced, the funding sources will be automatically updated to reflect the total fund amount against the total amount billed, providing you with the most accurate and up-to-date information.



Additional Funding Resources:

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