Patent ID: 8015113

Claim:
A method for administering performance of a project over a data network using a graphical user interface, the method comprising: creating a general contract schedule of values relating to the project, the general contract schedule of values comprising a plurality of general contract line items, each general contract line item identifying an associated number of units representing progress of the project, a cost per unit, and a scheduled value automatically calculated via a processor, based on the number of units multiplied by the cost per unit; receiving, a subcontract schedule of values of a subcontractor via the data network, the subcontract schedule of values comprising a plurality of subcontract line items; associating the subcontract line items of the subcontract schedule of values and with one or more of the general contract line items of the general contract schedule of values based on a type of work to be performed with respect to each of the subcontract line items; receiving a subcontract application for payment via the data network, the subcontract application for payment including the subcontract line items; updating the general contract line items, including the associated number of units, based on information in the associated subcontract line items received in the subcontract application for payment; and creating a general contract application for payment based on the updated contract line items.