Title 42, Title 42 Affairs and Government

(a) Notwithstanding any other provision of law to the contrary, the liability of the state government, insofar as incurring an obligation to make an interest payment to a contractor under the terms of this chapter is concerned, shall not extend beyond the date of a notice of inte…

(a) The provisions of this chapter shall not apply to payments due and owing by the state: (1) Under the eminent domain procedure law, chapter 6 of title 37; (2) As interest allowed on judgments rendered by a court according to any provision of law other than those provisions con…

The department of administration shall file quarterly reports with the governor and general treasurer. Included in the report shall be: (a) The date and dollar amount of late payments by state and agency; and (b) The amount of interest paid.

(a) A nonprofit provider that provides services to a state agency pursuant to an existing contract shall notify the state agency ninety (90) days prior to the termination of the existing contract of its (the nonprofit provider’s) intent to enter into a new contract with the state…

As used in this chapter, the following terms shall have the following meanings unless otherwise specified: (1) “Contract” means an enforceable agreement entered into by a contractor and a state agency. (2) “Contractor” means any person, partnership, firm, corporation, or associat…

(a) All bills shall be paid within thirty (30) calendar days of receipt of a proper invoice or other contractual dates for periodic payments, except when a contractor has failed to submit a bill in accordance with contractually imposed time frames. (b) Each contractor shall make …

Partial payments shall be made by the state on partial deliveries or partial completion of services in accordance with the contract. Each completed delivery or service must be paid in accordance with the provisions of § 42-11.1-3.

(a) Each state agency that is required to make a payment from state funds according to a contract and that does not make the contract payment by the required payment date shall make an interest payment to the contractor in accordance with this chapter on the amount of the contrac…

(a) Interest payments on amounts due to a contractor according to this chapter shall be paid to the contractor for the period beginning on the date after the required payment date and ending on the day a proper invoice was approved for payment by the controller’s office. (b) Each…

Except in situations when federal law or other provisions of this chapter require otherwise, an interest payment required by this chapter shall be paid from the same appropriation as that from which the related proper invoice is paid, provided, however, that the interest payment …

Any interest paid to a contractor under the provisions of this chapter shall not be included as revenue for the purposes of determining any reimbursement rates applicable to the contractor.

In the event that an interest payment is made by or incurred by a contractor in the course of transacting business with any entity other than a state agency, the interest shall not be an obligation of the state and the state shall not reimburse the contractor for the interest, no…