**__Contract Approval Elevation Rules__** Multi-Tiered Approval Elevation System: The contract management system supports a sophisticated, multi-level approval elevation structure: Multiple Approval Tiers: * The system accommodates various levels of approval authority * Each tier can be customized to reflect different organizational hierarchies or approval requirements Tier-Specific Thresholds: For each approval level, customizable parameters can be established, including: * Maximum rate * Maximum percentage * Minimum price Quantity Range Specificity: * These thresholds can be further refined based on specific quantity ranges * This allows for granular control over approval requirements based on contract volume or scale This tiered system enables: * Precise control over approval workflows * Alignment of approval authority with contract value or complexity * Efficient routing of contracts to appropriate decision-makers based on predefined criteria Each approval elevation level can be tied to specific spots in the approval hierarchy. ----- Configuring Approval Elevation Levels: When establishing an approval elevation level, the following parameters must be defined: Quantity Threshold Basis: * Specify whether the quantity threshold applies on a per-product or per-contract basis for the entire level Product-Specific Parameters: For each product (or globally), define: * Unit of Measure (UOM) for subsequent specifications * Quantity range parameters * Threshold values within each quantity range: Maximum rate (numeric) - Applicable to fixed rate $ contracts, Minimum price - Applicable to fixed price $ contracts, Maximum rate (percentage) - Applicable to fixed rate % contracts Additional Configuration Details: * Multiple non-overlapping quantity ranges can be specified per product as needed * One or more threshold values (max rate numeric, max rate percent, or min price) can be defined for each range Automatic Approval Restrictions: * Contracts containing products with undefined threshold types will not qualify for automatic approval * Contracts including lump sum items are excluded from automatic approval processes Example of Minimum Price Approval Elevation Rules: {{:pasted:20190402-133316.png}}