A bill to provide for the payment of interest by the Federal Government on any amount due for more than thirty days to any person under the terms of a contract entered into by the Federal government and such person.

referredUnited States· United States Congress· EN

Introduced

1 July 1980

Last action

—

Status

Referred to Senate Committee on Governmental Affairs.

Summary

Requires each Federal agency to include in each of its contracts for goods or services a provision specifying that the United States will pay interest on contract payments not paid by the thirtieth day after the agency receives a proper invoice for the goods or services.

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Documents

1 official file

Introduced in Senate
summary · EN · 1 July 1980
Open at official source

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Sources

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Official source: https://www.congress.gov/bill/96th-congress/senate-bill/2910
Open data entity: https://api.congress.gov/v3/bill/96/s/2910