Owner Financial Management User Guide

Procore's Change Events tool was designed for any work project that can potentially result in an additional cost. With this tool, you create a change event that helps your team better understand the potential cost of a change, before it becomes an actual cost. After creating a change event, you can then use the tool to create an RFQ (Request for Quote), which is sent to the appropriate downstream collaborators for pricing.

After RFQs are created and your contractors respond with a quote, your team can also create change orders that are based on the submitted quote. You can configure your change order workflow by setting the number of change order tiers: one, two, or three tiers. More change order tiers make for a more complex workflow but provide an increased amount of control. See What are the different change order tier settings in Project Financials?

Learn More

To learn more about the Change Events tool, please read:

• Create a Change Event

• Create a Change Event from an RFI

• Create an RFQ (Request for Quote) to get a quote from subcontractors for pricing:

  • Create RFQs

• Review RFQ Responses to review quotes that have been submitted from contractors to see if you want to create a change order from the RFQ:

  • Review RFQ Responses

• You can create a commitment change order either before or after the RFQ has been responded to:

  • Create a Commitment Change Order from a Change Event

• If the Client Contracts, Funding, or Prime Contracts tool is enabled, you can create a potential change order either before or after the RFQ has been responded to:

  • Create a Potential Change Order for a Client Contract from a Change Event

  • Create a Potential Change Order for a Funding from a Change Event

  • Create a Potential Change Order for a Prime Contract From a Change Event

For more information about the Change Events tool, see the Change Events landing page.