ContractCommitmentPaymentModel
New in 1.4Contract Commitment Payment Model · Contract Commitment dataset
- 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 Upfront | 10 |
| Partial Upfront | 20 |
| All Upfront | 30 |
Requirements (3)
Verbatim from the specification. These are the statements the validator checks against.
- ContractCommitmentPaymentModel MUST be of type String.
- ContractCommitmentPaymentModel MUST NOT be null.
- ContractCommitmentPaymentModel MUST be one of the allowed values.
Check your own export
The FOCUS 1.4 validator checks this column and 122 others against your file, in your browser, with no size cap and nothing uploaded.
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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