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Author: William G. Arnold Publisher: Berrett-Koehler Publishers ISBN: 152309690X Category : Business & Economics Languages : en Pages : 173
Book Description
Find the Answers You Need to Comply with the Prompt Payment Act! It can be challenging for federal agencies to comply with the Prompt Payment Act. Although the basic rules are simple, they can be difficult to interpret and apply properly — until now. Designed as a reference, The Prompt Payment Act Answer Book lays out the prompt payment rules in a question-and-answer format, enabling readers to find answers to hundreds of specific questions. Practitioners will find the information they need to get and stay in compliance with the Prompt Payment Act and will benefit from real-world examples they can apply in everyday operations. • Government payment personnel: Get advice on how to structure your processes to comply with prompt payment rules, avoid negative audit findings, and deal with contractor inquiries about interest entitlements • Auditors: Structure your prompt payment audits and pertinent information effectively • Contractors and vendors: Verify that your invoices are being handled properly, determine whether you are due interest penalties, and learn how to appeal improper payment amounts Plus! Two quantitative sections show you how to calculate payment due dates and interest penalties, and two quizzes help reinforce learning.
Author: William G. Arnold Publisher: Berrett-Koehler Publishers ISBN: 152309690X Category : Business & Economics Languages : en Pages : 173
Book Description
Find the Answers You Need to Comply with the Prompt Payment Act! It can be challenging for federal agencies to comply with the Prompt Payment Act. Although the basic rules are simple, they can be difficult to interpret and apply properly — until now. Designed as a reference, The Prompt Payment Act Answer Book lays out the prompt payment rules in a question-and-answer format, enabling readers to find answers to hundreds of specific questions. Practitioners will find the information they need to get and stay in compliance with the Prompt Payment Act and will benefit from real-world examples they can apply in everyday operations. • Government payment personnel: Get advice on how to structure your processes to comply with prompt payment rules, avoid negative audit findings, and deal with contractor inquiries about interest entitlements • Auditors: Structure your prompt payment audits and pertinent information effectively • Contractors and vendors: Verify that your invoices are being handled properly, determine whether you are due interest penalties, and learn how to appeal improper payment amounts Plus! Two quantitative sections show you how to calculate payment due dates and interest penalties, and two quizzes help reinforce learning.
Author: U S Government Accountability Office (G Publisher: BiblioGov ISBN: 9781289157920 Category : Languages : en Pages : 54
Book Description
In response to a congressional report, GAO reviewed state prompt-payment laws and payment-timing practices. GAO found that: (1) 47 states and the District of Columbia enacted laws requiring timely payments to private vendors and contractors for goods and services; (2) many states have provisions that are similar to the federal Prompt Payment Act, but less comprehensive; (3) about three-quarters of the states required payments within 30 or 45 days for goods and services, and most provided for interest penalties for late payments; (4) six states exempted federally funded state payments from their requirements, while Georgia, New Hampshire, and Vermont had no payment-timing laws; and (5) between 1987 and 1988, three states passed legislation reducing the number of days for agencies to pay their bills, four added provisions requiring prime contractors to timely pay subcontractors, and one reduced the number of days for prime contractors to pay subcontractors.
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Exports, Tourism, and Special Problems Publisher: ISBN: Category : Debts, Public Languages : en Pages : 448
Author: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee Publisher: ISBN: Category : Collecting of accounts Languages : en Pages : 310
Author: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee Publisher: ISBN: Category : Debts, Public Languages : en Pages : 386
Author: William G. Arnold
Author: William G. Arnold
Author: United States. General Accounting Office
Author: U S Government Accountability Office (G
Author: 
Author: United States. Congress. House. Committee on Small Business. Subcommittee on Exports, Tourism, and Special Problems
Author: United States. Office of Management and Budget
Author: United States. Congress. Senate. Committee on Small Business
Author: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Author: United States. Congress. House. Committee on Government Operations. Legislation and National Security Subcommittee
Author: Coalition for Prompt Pay