7.0.158.x Release Notes

Features

FUEL-324 (VSTS #22833) – Additional Fields to WIP Statement

• Fields have been added to store information on WIP statements that are from the entire statement rather than from the individual projects on the statement:

  • WIP Totals - Total Contract Price

  • WIP Totals - Estimated Total Costs

  • WIP Totals - Estimated Total Profits

  • WIP Totals - Profit Percentage

  • WIP Totals - Total Costs to Date

  • WIP Totals - Billed to Date

  • WIP Totals - Cost to Complete

  • All Other Jobs - Total Contract Price

  • All Other Jobs - Estimated Total Costs

  • All Other Jobs - Estimated Total Profits

  • All Other Jobs - Profit Percentage

  • All Other Jobs - Total Costs to Date

  • All Other Jobs - Billed to Date

  • All Other Jobs - Cost to Complete

  • WIP Subtotals - Total Contract Price

  • WIP Subtotals - Estimated Total Costs

  • WIP Subtotals - Estimated Total Profits

  • WIP Subtotals - Profit Percentage

  • WIP Subtotals - Total Costs to Date

  • WIP Subtotals - Billed to Date

  • WIP Subtotals - Cost to Complete

  • 30 additional miscellaneous value fields that can then be repurposed as needed by individual carriers based on individual WIP requirements.

• All these fields have also been added for use in reporting.

FUEL-335 (VSTS #22834) – ContractBondBehavior Setting determines New Bonds being automatically added to WIP

The new ContractBondBehavior system setting can be located at: All>Setup>Settings>SystemDefault. This new setting will control if a newly purchased contract bond will be automatically updated to the WIP attached on the bonds account.

FUEL-347 (VSTS #22597) – Bond Number Prefix and Suffix added to Reporting

• The bond number prefix and suffix fields have been added to the reporting database. These fields are:

  • Base.Bonds.Prefix

  • Base.Bonds.Suffix

FUEL-369 (VSTS #21673) – Ensure that the Commission Rate remains Static for the Life Cycle of the Current Bond Term

• When a bond is purchased, the commission rate set at the beginning of the bond’s term will not update with any changes made to the commission rate designation for that bond configuration and/or agency default commissions during additional actions on that bond term.

• The commission rate will update at the time of renewal to include any changes made to the commission rate designation.

FUEL-380 (VSTS #22814) – Ensure that the Premium Rate remains Intact for the Current Bond Term

• When a bond is purchased, the premium rate set at the beginning of a bond’s term will not update with any changes made to the premium rate table during additional actions.

• The premium rate will update at the time of renewal to include any changes made to the rate designation on the configuration.

  • NOTE: this will not take effect if the base premium is permanently overridden, carrying the overridden amount into the next renewal.

FUEL-391 (VSTS #20598) – Maintenance Rate is modifiable on Bond Page during Premium editing Actions

On bonds utilizing a maintenance rate, the rate can be edited on the bond page by performing any action that has access to the bonds premium section.

These rates can be set at: All>Reference Tables>Maintenance Rates, and are applied on the bond configuration at: All>Maintain Bond>Configure>Term Tab.

Fixes

FUEL-1075 (VSTS #23043) – The Quick Quote Screen Will Calculate the Quote for Contract Bonds utilizing the Contract Account Rate Factor

During the purchase of a contract bond the quote displayed on the Quick Quote screen will be corrected to update based on the Contract Account Rate Factor from the account, if applicable. If no account is being used at the time of the quick quote, the calculation from the rate factor is disregarded.