This X12 transaction set contains the format and establishes the data contents of the Contract and Rebate Management transaction for use within the context of an Electronic Data Interchange (EDI) environment. This X12 transaction set can be used to confirm, in an electronic format, the details of a contract that has been negotiated between two or more Foodservice parties. Information conveyed in the transaction includes trade party name, address and contact information; trade party role(s), identification of the contract program(s) and the specifics of the program(s) - including specific deals, date(s), contract performance requirements, volume measurements, benchmarks, rebate/billback information, and identification of the product(s), product classification, services(s), and equipment.