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Apply Your Negotiated Contract Rates

Add a contract price sheet, preview the savings on your real usage, approve it, and track commitments and credits so reports show what you actually pay.

11 min read Updated October 2026LLM FinOps
On this page
  1. 01What you'll set up
  2. 02How effective cost is built
  3. 03Gather what you need
  4. 04Open the price sheet wizard
  5. 05Scope and rates
  6. 06Owner and dates
  7. 07Preview before you approve
  8. 08Approve it
  9. 09Track commitments and credits
  10. 10Keep rates current
  11. 11If something goes wrong

01

What you'll set up

A contract price sheet tells Cloptima what you really pay per model. Reports then show contracted cost instead of list price, and the Dashboard shows an effective cost that matches your invoice.

  • A price sheet for a provider and model
  • Input, output, and cached-token rates
  • A preview of the savings on your own usage
  • An approved sheet that applies to new usage
  • Commitments and credits tracked next to it

Owners and admins approve price sheets. Contract rates apply to usage on your own provider keys.

02

How effective cost is built

The Blended Effective Cost card on the Dashboard builds your cost in layers, so you can see where each saving comes from.

From list price to effective cost
  1. 1Retail cost

    Usage at list price

  2. 2Contracted cost

    Your approved rates

  3. 3Credits applied

    Active credit pools

  4. 4Invoice adjustment

    From an imported invoice

  5. 5Effective blended cost

    What you effectively pay

Models with no contract rate keep their list price, and the card warns you which models are missing a rate.

03

Gather what you need

Have these ready before you open the wizard. A contract usually has all of them.

  • The provider and the model the rate applies to
  • Your price per million input and output tokens
  • Any separate rate for cached, reasoning, or special tokens
  • The contract start date and end date
  • A contract reference and an owner on your side

04

Open the price sheet wizard

The wizard walks you through four steps: Scope, Rates, Owner & expiry, and Preview & save.

  1. 1

    Open the Dashboard

    Go to AI → Dashboard.

  2. 2

    Find the Blended Effective Cost card

    It shows what you pay after contract rates, commitments, and credits.

  3. 3

    Choose Manage

    The price sheet wizard opens.

AI → Dashboard → Blended Effective Cost → Manage
  1. 1. Scope
  2. 2. Rates
  3. 3. Owner & expiry
  4. 4. Preview & save

Scope

Provider
Anthropic
Model *
claude-3.5-sonnet
Region (optional)
e.g. us-east-1
Four steps from scope to preview.

05

Scope and rates

Start with one provider and model. Add more sheets as you go.

FieldWhat to enter
ProviderThe provider named in your contract
ModelThe model the rate applies to. Required
RegionOptional. Use it when the rate is region-specific
Input $/MYour price per million input tokens. Required
Output $/MYour price per million output tokens. Required
Cached input $/M, Reasoning $/M, Special $/MOptional rates for cached, reasoning, and special tokens
RateList priceYour contract
Input $/M3.002.40
Output $/M15.0012.00
Cached input $/M0.300.24
Example, for illustration

06

Owner and dates

Every sheet has an owner and a window.

FieldWhat to enter
Sheet nameA name people recognize, such as Anthropic FY26 negotiated rates
OwnerThe person or team who maintains the agreement
Reference / contract idOptional. Your internal contract reference
Effective start and endStart today or later. The end must come after the start

07

Preview before you approve

The last step compares retail and contracted cost on your usage so far this month, so you see the effect before anything changes.

You seeMeaning
Observed requests (MTD)How many matching requests were used for the preview
Retail est. (MTD)What that usage costs at list price
Contracted est. (MTD)What it costs at your contract rates
Estimated savingsThe difference, in dollars and percent
Observed usage (MTD)Input, output, and cached tokens behind the numbers
MeasureValue
Observed requests (MTD)18,420
Retail est. (MTD)$1,284.10
Contracted est. (MTD)$1,027.28
Estimated savings$256.82 (20%)
Example preview, for illustration

Compare the percentage with the discount you negotiated. If they are far apart, check the rates and the model name before you save.

08

Approve it

Saved sheets appear under Contract price sheets. An owner or admin approves a sheet to put it into use.

From sheet to reports
  1. 1Save

    The sheet appears in the list

  2. 2Approve

    An owner or admin

  3. 3New usage priced

    Within 24 hours

  4. 4Reports update

    Contracted and effective cost

09

Track commitments and credits

Use Log commitment on the same card to record a dollar commitment against the agreement.

FieldWhat to enter
Commitment nameA name your finance team recognizes
Amount (USD)The committed amount
Type labelA short label, such as upfront
Effective start and endThe commitment period
Track as an active credit poolTurn on to reduce the blended cost automatically while the commitment is active

A commitment marked as a credit pool applies to the Dashboard's blended cost while it is active. Other commitments are kept for reference.

10

Keep rates current

A contract ends, and a renewal has new rates. The Dashboard helps you stay ahead of it.

  1. 1

    Watch for expiry

    Contract rates that are about to expire appear in the Dashboard's action list.

  2. 2

    Add the renewal as a new sheet

    Start it the day the old one ends, so there is no gap.

  3. 3

    Fix missing rates

    The cards name models that have usage but no contract rate.

11

If something goes wrong

Most problems are dates or approval.

What you seeLikely causeFix
Effective start cannot be in the pastThe start date is before todayChoose today or a later date
The preview shows no requestsNo usage for that model this monthCheck the provider and model, or preview later
Reports still show list priceThe sheet is not approved yet, or usage is not on your own keysApprove the sheet and check Credential Mode in the Explorer
The card names a model with a missing rateUsage exists but no sheet covers the modelAdd a sheet for that model

Put This Guide Into Practice

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