ContractedCost
Contracted Cost · Cost and Usage dataset
- Feature level
- Mandatory
- Data type
- Decimal
- Allows nulls
- No
- Column type
- Metric
What it is
Contracted Cost represents the cost calculated by multiplying contracted unit price and the corresponding Pricing Quantity. Contracted Cost is denominated in the Billing Currency and is commonly used for calculating savings based on negotiation activities, by comparing it with List Cost. If negotiated discounts are not applicable, the Contracted Cost defaults to the List Cost.
Requirements (8)
Verbatim from the specification. These are the statements the validator checks against.
- ContractedCost MUST be of type Decimal.
- ContractedCost MUST conform to NumericFormat requirements.
- ContractedCost MUST NOT be null.
- ContractedCost MUST be denominated in the BillingCurrency.
- When ContractedUnitPrice is null, ContractedCost MUST adhere to the following requirements:
- ContractedCost of a charge calculated based on other charges (e.g., when the ChargeCategory is "Tax") MUST be calculated based on the ContractedCost of those related charges.
- ContractedCost of a charge unrelated to other charges (e.g., when the ChargeCategory is "Credit") MUST be equal to the BilledCost.
- ContractedCost MUST equal the product of ContractedUnitPrice and PricingQuantity when ContractedUnitPrice is not null and PricingQuantity is not null.
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 Cost and Usage columns
Definition taken from the FOCUS 1.4 specification. FOCUS is published by the FinOps Foundation under CC BY 4.0.
One column is a definition. A pipeline is a project.
Finitizer ingests FOCUS from every provider you run and reports across all of them.