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  • Topic Penalties
  • Agency Management and Budget Office

Documents Found 2

  • Prompt Payment

    by the Management and Budget Office on 12/30/2002.

    The Office of Management and Budget (OMB) is issuing a 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, as amended by section 1007 of the National Defense Authorization Act for Fiscal Year 2002. Section 1010 requires agencies to pay an interest...

  • Prompt Payment

    by the Management and Budget Office on 12/15/2000.

    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...