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Finanse publiczne · 04/01/2017

Prompt Payment Interest Rate; Contract Disputes Act

The Prompt Payment Interest Rate Act sets the interest rate for late payments made between January 1, 2017, and June 30, 2017, at 2.5% per annum. This rate applies to all businesses and organizations in the United States.

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