Contracted Cost
Column definition from FOCUS v1.4. Read its requirements and implementation guidance before mapping provider data.
- Source
- FOCUS MCP snapshot
- Edition
- v1.4
- Column ID
ContractedCost- Mode
- Read-only
- Library snapshot (UTC)
- 2026-10-08
Constraints
Description
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
ContractedCost MUST adhere to the following requirements:
- 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.