§ 32.608-1 - Interest charges.  


Latest version.
  • 32.608-1 Interest charges.

    Unless specified otherwise in the clause at 52.232-17, Interest, interest charges shall apply to any contract debt unpaid after 30 days from the issuance of a demand unless -

    (a) The contract is a kind excluded under 32.611; or

    (b) The contract or debt has been exempted from interest charges under agency procedures.