Regulacje i polityka gospodarcza · 15.12.2000

Prompt Payment

The Office of Management and Budget (OMB) is issuing an interim final revision to its rules on the Prompt Payment Act (PPA) to implement Section 1010 of the National Defense Authorization Act for Fiscal Year 2001. Section 1010 requires agencies to pay an interest penalty whenever they make an interim payment under a cost- reimbursement contract for services more than 30 days after the agency receives a proper invoice for payment from the contractor.