Contract Managementoperational

Contract Lots & Priced Items

How does the system keep orders and sales inside what the contract actually agreed?

Lots split a contract into named parts, each with its own execution period, contracted quantity, and a lot price that may not exceed the contract value. Contract articles price the items themselves — and their remaining quantity counts down as orders and sales draw against the agreement.

What the record holds at once

Held constantContract Lots & Priced Items 5 states, at the same time

  • Value caps enforced

    Lot prices must fit inside the contract value, and item totals must fit inside their lot price — checked at save.

  • Price justifications

    Each lot records the justification for its pricing from organization reference data.

  • Locked item prices

    Contract articles fix price per unit, and contracted transactions draw at that price rather than the list price.

  • Remaining-quantity drawdown

    Every contracted order and sale counts down the article’s remaining quantity on the agreement.

  • Flexible-price lots

    Lots can be flagged flexible-price where the agreement allows negotiated rates within the cap.

How it works

A lot carries its name, an execution period of its own or the contract’s, a contracted quantity, a flexible-price flag, and a lot price. The arithmetic is enforced, not advisory: the sum of lot prices cannot exceed the contract value, and a contract value must exist before lots can be created. Price justifications — reasons drawn from your reference data — are recorded per lot, so why a price was agreed stays on the record.

Contract articles put items under the agreement: each names the article, its quantity, the price per unit, and its lot, and the total of a lot’s items is capped by the lot’s price. From the moment the contract is active, drawdown is live — every contracted order or sale consumes remaining quantity on the article, so how much of the agreement is left is a stored number, not a spreadsheet reconciliation. Items already on the contract cannot be added twice.

See contract lots & priced items running in continON.

A guided walkthrough on a sanitized demo tenant — this capability inside its module, on the shared platform.