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ContractCommitmentPaymentModel

New in 1.4

Contract Commitment Payment Model · Contract Commitment dataset

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Feature level
Mandatory
Data type
String
Allows nulls
No
Column type
Dimension

What it is

Contract Commitment Payment Model defines the financial settlement structure of a contract commitment. It identifies whether the financial obligation is settled via a single upfront payment, distributed recurring charges, or a combination of both over the contract commitment duration type. Contract Commitment Payment Model has three possible values: No Upfront, Partial Upfront, and All Upfront. No Upfront denotes that the obligation is settled entirely through recurring charges with no initial payment. Partial Upfront denotes that the obligation is settled through a combination of an initial payment and recurring charges. All Upfront denotes that the obligation is settled via a single payment at the start of the duration.

Allowed values

No UpfrontPay-as-you-go Savings Plans or monthly-billed SaaS.
Partial UpfrontHybrid RIs or EAs with a "Year 1" deposit plus installments.
All UpfrontHigh-discount RIs or multi-year contracts paid in full Day 1.

Requirements (3)

Verbatim from the specification. The validator checks presence, type, nulls and allowed values, not every statement below.

  • ContractCommitmentPaymentModel MUST be of type String.
  • ContractCommitmentPaymentModel MUST NOT be null.
  • ContractCommitmentPaymentModel MUST be one of the allowed values.

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The FOCUS 1.4 validator checks this column and 122 others against your file, in your browser, with no size cap and no upload needed.

Other Contract Commitment columns

Definition taken from the FOCUS 1.4 specification. FOCUS is published by the FinOps Foundation under CC BY 4.0.

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