Interest

5 GCA § 5475 — under Guam Procurement Law.

5 GCA § 5475

Interest on amounts ultimately determined to be due to a contractor or Guam shall be payable at the statutory rate applicable to judgments from the date the claim arose through the date of decision or judgment, whichever is later. SOURCE: GC § 6977. MPC § 9-301. 2023 NOTE: Reference to “Territory” replaced with “Guam” pursuant to 1 GCA § 420. 2007 COMMENT: See 18 GCA § 47106 (Legal Rate of Interest).

SUBARTICLE D WAIVER OF SOVEREIGN IMMUNITY; LIMITATIONS ON ACTIONS