Construction tracking and payment method and system
Number of patents in Portfolio can not be more than 2000
United States of America Patent
Stats
-
Mar 14, 2000
Grant Date -
N/A
app pub date -
Jan 7, 1998
filing date -
Jan 7, 1998
priority date (Note) -
Expired
status (Latency Note)
Importance
Abstract
A computer-based tracking system and method for coordinating work done on a project and payment therefor. After a project has been partitioned by an architect, jobs are specified in terms of to which region or subregion each entry corresponds. The (sub)contractors submit monthly Application and Certificate for Payment requests which are organized by the system to enable all the work in a particular region to be consolidated listed on a reviewer's card for ease of verification. Updates to the requests are made and authorized forms are generated to enable payment of the requests, thereby saving time and effort to perform manual correlation of subcontractor requests with a given area in a project. Requests also need not be monthly and may be made at any period, potentially varying. Other possible periods are quarterly, twice a month, or once every two months.
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Family
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Cited Art Landscape
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