Important:
Reverting a Contract to draft might impact other financial modules, such as your project's Master Budget/ACR.
For most changes or edits to a contract, we recommend creating a Contract Change to maintain consistent records and save time!
Overview
Reverting a contract to draft can provide flexibility when changes or edits are required. By following the proper process and considering alternative options like creating a Contract Change, you can ensure that your records remain consistent and minimize disruptions.
Process
How to Revert a Contract
Click the three dots at the top right of the contract and select Revert to Draft.
You can now edit the Contract by clicking the three dots at the top right and clicking Edit.
Note: If you do not have the option to Revert a contract, please see the section below titled "Why reverting may not be an option for your contract".
How to Delete a Contract
Once the contract is reverted to draft you can:
1. Click the three dots at the top right of the contract and select Delete.
Important: Please contact your company's system administrator before deleting any contracts.
Why Reverting May Not be an Option for Your Contract
You will not be able to revert a contract if:
There are any Invoices against the contract.
There are any Contract Changes against the contract.
The contract has been submitted to another workspace for approval.
Your workspace did not create the contract.
If you have submitted it for approval:
The current approver in the receiving workspace will need to reject the contract. You can then revert and edit the contract as needed.
To learn more about how to revert or delete an invoice or Contract Change see the links below!
How to Revert Invoices to Draft
What can I edit within the contract without reverting it to draft?
You can edit the following even when the contract is no longer in draft:
Contract Name
Unique ID
Client (Within the same company that is listed)
Your project managers
Initiation Date & Effective date
Agreement Type
Insurance Requirements
SoV/WBS cost codes
For most other edits to a contract, we recommend creating a Contract Change to maintain consistent records and save time!
Ready to Revert?
Once you understand these rules and potential impacts, you can revert or delete a contract if needed. If you're unsure about your permissions or need further assistance, please don't hesitate to reach out to our team or contact your system administrator.