18 CFR 1308.5
§ 1308.5 Interest.
United States · 18 CFR — Conservation of Power and Water Resources · Status: effective
Cite this
- Citation
- 18 CFR 1308.5, § 1308.5 Interest, United States, version 1 as recorded 2026-07-09, yourstate.us, https://yourstate.us/provision/72511
- Permanent ID
ys:prov:72511@1- SHA-256
1fa2779f1b70177b2f9f96fd376e95bb0ce369d4eb3110e195d46ae5f8e253aa
The hash is SHA-256 of this version's text, with every run of whitespace collapsed to a single space and the ends trimmed. The ID always leads back here, and checking it says whether the text you cited is still the current version.
Full text
TVA shall pay a Contractor interest on the amount found to be due on a claim:
(a) From the date payment is due under the contract or the Contracting Officer receives the claim, whichever is later, until TVA makes payment;
(b) At the rate payable pursuant to section 12 of the Act on the date from which interest runs pursuant to paragraph (a) of this section.
Legislative history
This is a federal regulation, adopted through agency rulemaking under the Administrative Procedure Act — not enacted by a recorded vote of Congress.