The application writes itself
Previously applied, previously certified, this period, gross, retention, net, at line level, on the valuation cycle your contract sets, on your own certificate template.
| Line | Qty | Rate | Prev. applied | Prev. certified | This period | Gross | Retention | Net |
|---|---|---|---|---|---|---|---|---|
| GRD02 Groundworks | 1,240 | £214.00 | £248,600 | £248,600 | £16,400 | £265,000 | −£13,250 | £251,750 |
| FRM03 Frame & upper floors | 860 | £248.80 | £121,000 | £116,800 | £32,000 | £153,000 | −£7,650 | £145,350 |
| Additional roof lights, 14 no.VO-014 | 14 | £1,921.43 | £0 | £0 | £26,900 | £26,900 | −£1,345 | £25,555 |
| MEP05 Mechanical & electrical | 1 item | — | £74,000 | £61,100 | £28,400 | £102,400 | −£5,120 | £97,280 |
| Application total | £1,010,300 | £964,000 | £214,600 | £1,224,900 | −£10,730 | £203,870 |
Is the monthly application costing you a week?
Previously applied and previously certified are copied forward by hand, and one wrong paste runs for the rest of the job.
Somebody counts days off a calendar every cycle, from a standard form that may not be the contract you signed.
The certificate comes back lower, the difference is noted somewhere, and nobody totals it up until final account.
See how growing contractors are using Coreloops to build, submit and certify payment applications.
Line level, with the history carried forward
Quantity, rate, previously applied, previously certified, this period, gross, retention and net, per line. Approved variations come through as merged lines, priced on the valuation basis your contract sets.
| Line | Val 5 | Val 6 | Prev. applied | This period |
|---|---|---|---|---|
| GRD02 | £112,400 | £136,200 | £248,600 | £16,400 |
| FRM03 | £48,000 | £73,000 | £121,000 | £32,000 |
| ENV04 | £31,500 | £65,000 | £96,500 | £41,900 |
| MEP05 | £22,000 | £52,000 | £74,000 | £28,400 |
Your cycle, your dates, your reminders
Monthly on the 1st, 15th, 28th or last day, every two or four weeks, or a custom day. Submission reminders, payment notice checks and final payment checks run on your contract's offsets.
Draft to certified to paid
Draft, pending, sent, reviewed, applied, certified, paid. Issue the certificate on your own configurable template, and export the application including the forecast final account to Excel.
What the industry is saying
How contractors are taking control of their costs and contracts with Coreloops.
We had CEs there with our approval attached to it. There was no way for the client to dispute it.
Samuel Maddison
Director, Project Safe
One platform for costs and contracts
Book a discovery call
We'll learn about your current setup and show you how Coreloops could help you build, submit and certify your payment applications.
