GroundRules
18 CFR 1308.5: Interest.
Where this section sits in the code
- Title 18—Conservation of Power and Water Resources
- CHAPTER XIII—TENNESSEE VALLEY AUTHORITY
- PART 1308—CONTRACT DISPUTES
- Subpart A—General Matters
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.
Collected 2026-08-27T02:24:34Z. Source file · JSON