Interest.

18 C.F.R. § 1308.5
in effectEffective: 2024-07-01
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TVA shall pay a Contractor interest on the amount found to be due on a claim: (a) From the date payment is due under the contract or the Contracting Officer receives the claim, whichever is later, until TVA makes payment; (b) At the rate payable pursuant to section 12 of the Act on the date from which interest runs pursuant to paragraph (a) of this section.

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