Creating a New Project

Projects in RIVET represent your construction contracts. Each project tracks the Schedule of Values, payment applications, retainage, change orders, and lien waivers for a single contract.

Project Limits by Plan

The number of active projects you can create depends on your subscription plan:

Before You Start

To create a project, you'll need the following information:

• Project name and address
• Original contract sum
• General contractor name and contact information
• Retainage terms (percentage, if applicable)
• Contract start and expected completion dates

Creating a Project

RIVET guides you through project creation with a step-by-step wizard:

Step 1: Basic Information

1. Click "New Project" from the dashboard or projects list
2. Enter the Project Name - This is your internal name for the project. It will appear throughout RIVET and on generated documents.
3. Add an optional Project Number - Your internal tracking number or job number
4. Enter the Project Address - The physical location of the construction site

Step 2: Contract Details

1. Enter the Original Contract Sum - The total value of your signed contract, before any change orders
2. Set the Contract Date - When the contract was signed
3. Add the Start Date - When work began or will begin
4. Set the Expected Completion - Projected substantial completion date

Step 3: Retainage Settings

1. Enable or disable Retainage - Toggle on if the GC withholds a percentage of each payment
2. Set the Retainage Percentage - Typically 5% or 10%
3. Configure Materials Stored Retainage - Usually the same rate, but some contracts differ

Step 4: General Contractor Info

1. Enter the GC Company Name - The general contractor's legal business name
2. Add the GC Address - Their mailing address for pay app submissions
3. Set a GC Contact - Name and email of your main contact for billing questions

Step 5: Review and Create

1. Review all entered information
2. Click "Create Project" to finish
3. You'll be taken to the project dashboard

After Creating the Project

Once your project is created, you'll want to:

1. Set up your Schedule of Values - Add line items that match your contract breakdown
2. Configure project settings - Fine-tune retainage rules, billing periods, and other options
3. Create your first pay application - Start billing for work completed

Project Numbering

RIVET assigns each project a unique internal ID, but you can also add your own project number for internal tracking. Your project number:

• Appears on generated documents
• Can be used to search and filter projects
• Helps match RIVET projects to your internal systems

Common project numbering schemes:

• Sequential - 2024-001, 2024-002, etc.
• By type - EL-2024-001 (Electrical), PL-2024-001 (Plumbing)
• By client - ABC-001 (ABC Construction projects)

Importing Project Data

If you're switching from spreadsheets or another system, you can speed up project setup by importing your Schedule of Values from a CSV or Excel file. See Importing SOV for details.

Quick Tips

Need Help?

If you run into issues creating a project or have questions about your plan limits, contact our support team at support@slpwlk.io.