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41 CFR 102-118.195

§ 102-118.195 Interest on claims.

United States · 41 CFR — Public Contracts and Property Management · Status: effective

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41 CFR 102-118.195, § 102-118.195 Interest on claims, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/198399
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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.

Legislative history

This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.