---
kind: "section"
citation: "48 C.F.R. § 32.608-1"
title: "48"
number: "32.608-1"
heading: "Interest charges."
url: "https://uscodex.org/cfr/48/32.608-1"
---

# §32.608-1. Interest charges.


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—

- (a) The contract is a kind excluded under 32.611; or
- (b) **The contract or debt has been exempted from interest charges under agency procedures.**

## Notes

### 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.