WASHINGTON, Feb. 25 -- Bureau of the Fiscal Service has issued a notice called: Prompt Payment Interest Rate; Contract Disputes Act.
The notice was published in the Federal Register on Feb. 25 by Timothy E. Gribben, Commissioner, Bureau of the Fiscal Service.
Summary: For the period beginning January 1, 2025, and ending on June 30, 2025, the prompt payment interest rate is 4 5/8per centum per annum.
For more information, contact Thomas M. Burnum, Alternative Payments Division, 202/874-6430; or Ashlee Adams, Senior Counsel, Office of the Chief Counsel, 304/480-8692.
The full text of the notice can be found at: http://www.gpo.gov/fdsys/pkg/FR-2025-02-25/html/2025-02986.htm
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