Abstract: A system for managing contract payments between a first agent and at least one second agent for a project, via a communications network(s), including: a network server connected to the network(s) which act as central repository for storing and sharing contract information; and, at least one user terminal associated with each of the first and second agents, the terminals being configured to connect to the network(s) for creating, editing, viewing and/or approving the contract information stored on the network server(s). The contract information including: at least one contract which includes at least one contract item entity associated with the project and the second agent, the contract item entity representing a contract item being for a good and/or service provided by the second agent to the first agent in accordance with the contract.