Code of Federal Regulations · Section

§ 32.608-1 — 32.608-1 Interest Charges

48 C.F.R. § 32.608-1

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Unless specified otherwise in the clause at 52.232-17, Interest, interest charges shall apply to any contract debt unpaid after 30 days from the issuance of a demand unless—

(a) The contract is a kind excluded under 32.611; or

(b) The contract or debt has been exempted from interest charges under agency procedures.

Authorizing Statute