Code of Federal Regulations · Section
§ 102-118.195 — -118.195 Interest On Claims
41 C.F.R. § 102-118.195
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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.
Authorizing Statute
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Definitions and application31 U.S.C. § 3901
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Services for executive agencies40 U.S.C. § 501
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Cargoes procured, furnished, or financed by the United States Government46 U.S.C. § 55305
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Government-financed air transportation49 U.S.C. § 40118
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Administrative40 U.S.C. § 121
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Payment for transportation31 U.S.C. § 3726