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Finanse publiczne · 25/02/2025

New Prompt Payment Interest Rate Set for 2025 Period

The Contract Disputes Act has established a prompt payment interest rate of 4 5/8% per annum for the period from January 1, 2025, to June 30, 2025, in an effort to encourage timely payments among businesses.

Source: Federal Register — Department of the TreasuryOpen original release →