1198 Contracting Funding Code

Code identifying the funding type

Type
Identifier (ID)
Length
Min 2 / Max 2
Codes
CodeDescription
01Multi-Year Procurement
Contract procurement that extends beyond one year
02Incrementally Funded Contract (INC)
Contract funded in increments based on agreed performance criteria
03Contract for a Single Year (SYC)
Funding for a contract for a single, specific year

Stedi is a registered trademark of Stedi, Inc. Stedi's EDI Reference is provided for marketing purposes and is free of charge. All names, logos, and brands of third parties listed on our site are trademarks of their respective owners (including “X12”, which is a trademark of X12 Incorporated). Stedi, Inc. and its products and services are not endorsed by, sponsored by, or affiliated with these third parties. Our use of these names, logos, and brands is for identification purposes only, and does not imply any such endorsement, sponsorship, or affiliation.