CONSTRUCTION PAYMENT MANAGEMENT SYSTEM AND METHOD WITH GRAPHICAL USER INTERFACE FEATURES
Patent №
US 7,983,972
Granted
2011-07-19
Filed 2007
Owner
—
Lab
—
AI components
2
planning · hardware
Assignment
None on record
Dataset
AIPD
2023_r1 edition
Application
11904280
A system and method for managing a construction payment process. One graphical user interface embodying the invention can include a project schedule progress bar and a funds disbursed progress bar. The project schedule progress bar indicates progress with respect to calendar dates of a construction project, and the funds disbursed progress bar indicates progress with respect to a budget dollar amount of a construction project. Another graphical user embodying the invention can include an organization form, a project form, a budget form, a draw initiated notification, an enter request for payment form, a sign lien waiver notification, and a payment disbursed notification for notifying the plurality of participants that a payment has been disbursed for the pending draw to each of the plurality of participants based on the payment information received from each of the plurality of participants.