How to Set a Spending Limit in a Master Agreement

Framework Agreement Budget

A framework agreement budget means an approved spending limit or limits.

• Setting a maximum contract value
• Establishing the total amount allows for tracking individual expenses against the framework's overall value 
• Linking orders with the framework agreement
• Alerts when contract budgets are approached or exceeded

How to set a budget for a contract

1. Open the contract register
2. Select the framework contract for which you want to set a framework budget
3. Select the "Usage and Costs" tab
4. Go to the three dots
5. Enter the desired framework contract budget (as a target value)