§32.608-1. Interest charges.
48 C.F.R. § 32.608-1
Unless specified otherwise in the clause at 52.232-17, Interest, interest charges shall apply to any contract debt unpaid after 30 days from the issuance of a demand unless—
The contract is a kind excluded under 32.611; or
The contract or debt has been exempted from interest charges under agency procedures.
Notes, amendments, and revision history
Source
Source: 73 FR 54002, Sept. 17, 2008, unless otherwise noted.
Authority
Authority: 41 U.S.C. 1121(b); 40 U.S.C. 121(c); 10 U.S.C. chapter 4 and 10 U.S.C. chapter 137 legacy provisions (see 10 U.S.C. 3016); and 51 U.S.C. 20113.
Source
Source: 48 FR 42328, Sept. 19, 1983, unless otherwise noted.