What process is used to increase funding for an award in a Post-Award PR?

The process used to increase funding for an award in a Post-Award Purchase Requisition is known as Incremental Funding. This method involves adding additional funds to an existing award or contract after it has been established. Incremental funding is commonly used when initial funding is not sufficient to cover the total estimated cost, allowing for phased expenditure and management of cash flow in line with project milestones or deliverables.

In this context, the need for Incremental Funding arises when a project requires more resources than originally anticipated, or when new requirements have been identified. This approach allows for flexibility in managing budgets and ensures the continuation of work without requiring a complete re-negotiation or a new award.

The other funding types listed do not specifically pertain to the process of increasing funds in a Post-Award setting. Decremental Funding would imply a reduction in funds, which is contrary to the intent of adding resources. Standard Funding typically refers to the initial allocation of funds at the time of contract award, and Special Funding usually pertains to unique circumstances that require distinct approaches, rather than the straightforward process of adding incremental funds to an existing award.