3.3.16 Contract Commitment Payment Interval
Dataset:
Contract Commitment
Column Type:
Dimension
Feature Level:
Mandatory
Data Type:
String
Since:
1.4
Contract Commitment Payment Interval represents the frequency by which a contract commitment is invoiced. For payment models involving deferred financial obligations, the Payment Interval denotes the ongoing billing cycle. For models paid upfront, the Payment Interval denotes the single settlement event.
Note: Do not confuse the Contract Commitment Payment Interval with the Contract Commitment Fulfillment Interval. For example, a spend-based commitment discount may have an Hourly Fulfillment Interval (usage reset) but a Monthly Payment Interval (billing cycle).
3.3.16.1 Requirements
ContractCommitmentPaymentInterval MUST adhere to the following requirements:
- ContractCommitmentPaymentInterval MUST be of type String.
- ContractCommitmentPaymentInterval MUST NOT be null.
- ContractCommitmentPaymentInterval MUST be one of the allowed values.
- ContractCommitmentPaymentInterval MUST be "One-Time" when ContractCommitmentPaymentModel is "All Upfront".
- ContractCommitmentPaymentInterval SHOULD represent a time granularity equal to or lesser than the time granularity represented by ContractCommitmentDurationType.
3.3.16.2 Allowed Values
| Value | Sort Order | Description | Typical Use Case |
|---|---|---|---|
| One-Time | 10 | A single invoice is generated for the entire obligation. | All Upfront models (e.g., 3yr All-Upfront RI) or single-invoice arrears paid at the end of a term. |
| Monthly | 20 | Invoices for the deferred balance are generated once per month. | No Upfront Savings Plans or Monthly SaaS. |
| Quarterly | 30 | Invoices for the deferred balance are generated every three months. | Partial Upfront deals with 90-day true-ups. |
| Semi-Annual | 40 | Invoices for the deferred balance are generated every six months. | Split-payment agreements. |
| Annual | 50 | Invoices for the deferred balance are generated once per year. | Partial Upfront EAs billed yearly. |
| Custom | 60 | Hourly/Daily or other irregular cycles. | Irregular bridge contracts or non-standard terms. |
3.3.16.5 Description
Represents the frequency by which a contract commitment is invoiced.
Constraints
| Property | Value |
|---|---|
| Column Type | Dimension |
| Feature Level | Mandatory |
| Allows Nulls | No |
| Data Type | String |
| Value Format | Allowed values |