---
kind: "section"
citation: "5 C.F.R. § 1315.20"
title: "5"
number: "1315.20"
heading: "Application of Section 1010 of the National Defense Authorization Act for Fiscal Year 2001."
url: "https://uscodex.org/cfr/5/1315.20"
---

# §1315.20. Application of Section 1010 of the National Defense Authorization Act for Fiscal Year 2001.


Section 1010 of the National Defense Authorization Act for Fiscal Year 2001 (Public Law 106-398, 114 Stat. 1654), as amended by section 1007 of the National Defense Authorization Act for Fiscal Year 2002 (Public Law 107-107, 115 Stat. 1012), requires an agency to pay an interest penalty whenever the agency makes an interim payment under a cost-reimbursement contract for services more than 30 days after the date the agency receives a proper invoice for payment from the contractor. This part implements [Section 1010](/cfr/5/1010.md), as amended, and is applicable in the following manner:

- (a) This part shall apply to all interim payment requests that are due on or after December 15, 2000 under cost-reimbursement service contracts awarded before, on, or after December 15, 2000.
- (b) No interest penalty shall accrue under this part for any delay in payment that occurred prior to December 15, 2000.
- (c) Agencies are authorized to issue modifications to contracts, as necessary, to conform them to the provisions in this part implementing [Section 1010](/cfr/5/1010.md), as amended.

## Notes

### Amendments

[67 FR 79516, Dec. 30, 2002]

### Authority

Authority: 31 U.S.C. chapter 39; Section 1010 of Public Law 106-398, 114 Stat. 1654; Section 1007 of Public Law 107-107, 115 Stat. 1012.

### Source

Source: 64 FR 52586, Sept. 29, 1999, unless otherwise noted.

### Amendments

[67 FR 79516, Dec. 30, 2002]