You're almost there! Please answer a few more questions for access to the Applications content. Complete registration
Interested in joining? Complete your registration by providing Areas of Interest here. Register
Get Started with Redwood: Oracle Cloud SCM and Purchasing

Can we apply the retainage percentage to a negotiation or contract template? (e.g., Construction)

edited Aug 5, 2025 4:14PM in Purchasing

Summary:

is it possible to configure and apply a retainage percentage directly to a negotiation (such as an RFQ or auction) or to a contract template? For example, in a construction project, can the system automatically calculate and withhold a specified retainage percentage from supplier payments based on the terms defined in the negotiation or contract template?

Content (please ensure you mask any confidential information):


Version (include the version you are using, if applicable):



Code Snippet (add any code snippets that support your topic, if applicable):

Tagged:

Howdy, Stranger!

Log In

To view full details, sign in.

Register

Don't have an account? Click here to get started!