31 Jul 2025
💰Notice on Prompt Payment Interest Rate for Business Compliance
Prompt Payment Interest Rate; Contract Disputes Act
Summary
For the period beginning July 1, 2025, and ending on December 31, 2025, the prompt payment interest rate is 4\5/8\ per centum per annum.
Agencies
- Treasury Department
- Bureau of the Fiscal Service
Business Impact
$$ - Med
The regulatory notice introduces a prompt payment interest rate of 4 5/8 percent for businesses affected by delayed payments from agencies, affecting cash flow and financial planning. The requirement for agencies to pay interest penalties places financial accountability, providing businesses with a means of recourse for late payments.