Posts Tagged ‘Prompt Payment Act’

Federal Agency Utility Customers and the Prompt Payment Act

Thursday, January 21st, 2016

A federal agency contracts with a North Carolina town to provide water services to the agency’s facility in the town. The agency is routinely late in making its utility payments. The town finally decides to take action after the sixth late payment. In accordance with the town’s customer contract, the town assessed a late fee penalty […]