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Code of Federal Regulations (Last Updated: July 5, 2024) |
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Title 41 - Public Contracts and Property Management |
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Subtitle C - Federal Property Management Regulations System |
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Chapter 102 - Federal Management Regulation |
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SubChapter D - Transportation |
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Part 102-118 - Transportation Payment and Audit |
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Subpart F - Claims and Appeal Procedures |
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General Agency Information for All Claims |
§ 102-118.465 - Must my agency pay interest on a disputed amount claimed by a TSP?
Latest version.
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§ 102-118.465 Must my agency pay interest on a disputed amount claimed by a TSP?
No, interest penalties under the Prompt Payment Act, (31 U.S.C. 3901, et seq.), are not required when payment is delayed because of a dispute between an agency and a TSP.