Prompt Payment Interest Rate; Contract Disputes Act
Published Date: 2/3/2026
Notice
Summary
Starting January 1, 2026, government agencies must pay a 4.125% interest penalty if they’re late paying businesses for goods or services. This rate applies through June 30, 2026, making sure businesses get fair compensation for delays. If you work with the government, keep an eye on this to avoid extra costs!
No Economic Impacts Identified for this Document
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Key Dates
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