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49 CFR 29.415

§ 29.415 Does the Prompt Payment Act apply to funds included in a funding agreement?

United States · 49 CFR — Transportation · Status: effective

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49 CFR 29.415, § 29.415 Does the Prompt Payment Act apply to funds included in a funding agreement?, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/254696
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Full text

The Prompt Payment Act, 31 U.S.C. 3901 et seq., applies to the transfer of funds under the Program.

Legislative history

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