Legislative intent and policy.
Denver Revised Municipal Code § 20-107
in effectSec. 20-107. - Legislative intent and policy.
It is the policy of the city to make timely payment to contractors, as defined herein, of amounts which are due and owing under contracts, purchase orders, and leases entered into by the city, and to authorize and mandate the payment of interest on such amounts due and owing to contractors when such payments are unduly delayed by the city through no fault of the contractor, except where unforeseen circumstances or legal impediments beyond the control of either the city or the contractor prevent such timely payment. This article shall apply to all contracts as defined herein, unless prohibited by law, by the source of city funding, or as otherwise provided herein.
(Ord. No. 1121-01, § 1, 12-26-01)
Source: City and County of Denver, Revised Municipal Code and Charter (Municode Library, library.municode.com)URL: https://library.municode.com/co/denver/codes/code_of_ordinances?nodeId=TITIIREMUCO_CH20FI_ARTVIIPRPACOVESUGOSELECI_S20-107LEINPOFetched: 10/27/2026