{"abstract":"The Office of Management and Budget (OMB) is issuing an interim final revision to its rules on the Prompt Payment Act (PPA) to implement Section 1010 of the National Defense Authorization Act for Fiscal Year 2001. Section 1010 requires agencies to pay an interest penalty whenever they make an interim payment under a cost- reimbursement contract for services more than 30 days after the agency receives a proper invoice for payment from the contractor.","action":"Interim final rule with request for comments.","agencies":[{"raw_name":"OFFICE OF MANAGEMENT AND BUDGET","name":"Management and Budget Office","id":280,"url":"https://www.federalregister.gov/agencies/management-and-budget-office","json_url":"https://www.federalregister.gov/api/v1/agencies/280","parent_id":null,"slug":"management-and-budget-office"}],"body_html_url":"https://www.federalregister.gov/documents/full_text/html/2000/12/15/00-32007.html","cfr_references":[{"chapter":null,"citation_url":null,"part":1315,"title":5}],"citation":"65 FR 78403","comment_url":null,"comments_close_on":null,"correction_of":null,"corrections":[],"dates":"Effective Date: This interim final rule is effective December 15, 2000.","disposition_notes":null,"docket_ids":[],"dockets":[],"document_number":"00-32007","effective_on":"2000-12-15","end_page":78405,"executive_order_notes":null,"executive_order_number":null,"full_text_xml_url":"https://www.federalregister.gov/documents/full_text/xml/2000/12/15/00-32007.xml","html_url":"https://www.federalregister.gov/documents/2000/12/15/00-32007/prompt-payment","images":{},"images_metadata":{},"json_url":"https://www.federalregister.gov/api/v1/documents/00-32007?publication_date=2000-12-15","mods_url":"https://www.govinfo.gov/metadata/granule/FR-2000-12-15/00-32007/mods.xml","not_received_for_publication":null,"page_length":3,"page_views":{"count":182,"last_updated":"2026-10-23 10:15:04 -0400"},"pdf_url":"https://www.govinfo.gov/content/pkg/FR-2000-12-15/pdf/00-32007.pdf","presidential_document_number":null,"proclamation_number":null,"public_inspection_pdf_url":null,"publication_date":"2000-12-15","raw_text_url":"https://www.federalregister.gov/documents/full_text/text/2000/12/15/00-32007.txt","regulation_id_number_info":{},"regulation_id_numbers":[],"regulations_dot_gov_info":{},"regulations_dot_gov_url":null,"significant":null,"signing_date":null,"start_page":78403,"subtype":null,"title":"Prompt Payment","toc_doc":"Interest penalties under cost-reimbursement contract for services more than 30 days after receiving proper invoice","toc_subject":"Prompt Payment Act; implementation:","topics":["Administrative practice and procedure","Government contracts","Penalties","Reporting and recordkeeping requirements"],"type":"Rule","volume":65}