Page Comparison

Note:

• The Descriptions descriptions OFF HIRE, OFF HIRE REVERSE, WAITING, and PLANNED OFF HIRE must be entered in this specific format.

• Normal Delay Types do not affect TCE; only PLANNED OFF HIRE does, with Performance Calculation Time Does Not Count.Use PLANNED OFF HIRE for forecasting. Before invoicing, change the type to OFF HIRE to pull information into invoices.

• Although you can add more delay types to the existing list, the descriptions OFF HIRE, OFF HIRE REVERSE, and PLANNED OFF HIRE are the only delay activity types that impact the P&L and TC contract.

Forecasting

• PLANNED OFFHIRE used for forecasting is not included in the TC Bill. 

Settling Offhire on the Invoice

• If the discounted hire is not already part of the TC bill and needs to be settled on the hire invoice, we recommend creating a Delay Type for regular Offhire called Planned Offhire (or Planned Maintenance) so it can be included when the TC Bill is generated. Before invoicing, change the type to OFF HIRE to pull information into invoices.