Collateral Management (COLLM) table will allow users to track the collateral substituted in lieu of retainage. Users will enter the Award Doc Code, Award Doc Dept, Award Doc Unit (optional), Award Doc ID, Custodial Account Number, Required Market Value, Par Value, and Extended Description (if necessary). The record’s Active flag will automatically default to checked if a record has been set up on RTGSUM to substitute collateral.
The Collateral Management page will also be used to record the collateral received for a Revenue Contract. The user will manually enter the Award Doc Code, Award Doc Dept, Award Doc Unit, Award Doc ID, Custodial Account Number, Required Market Value, and Extended Description (if necessary). The Active flag will default to checked.