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In the United States, prompt payment of federal government supplier debts is enshrined in Title 31 of the United States Code, chapter 39 being known as the 'Prompt Payment Act'. The California Legislature has implemented a comprehensive series of laws known as the 'prompt payment statutes'.
S.1221 and H.R. 1392 will amend title XVIII of the Social Security Act to ensure more appropriate payment amounts for drugs and biologicals under Part B of the Medicare Program by excluding customary prompt pay discounts extended to wholesalers from the manufacturer's Average Sales Price (ASP).
The Late Payment Directive, 2011/7/EU [1] is a Directive of the European Union concerning commercial late payments. It replaced the previous Late Payment Directive 2000/35/EC. [2] Like all European Union directives, this is an instrument which requires member states to enact its provisions in national legislation by 16 March 2013. [3]
A 50-day work stoppage would cost Boeing $5.5 billion, investment bank TD Cowen said in a report reviewed by ABC News at the outset of the dispute. So far, the strike has lasted 41 days.
Payment Bond Required: (§137.1) Entitlement to Copy of Bond: (§137.2) Enforcement: Suit after 90 days from last work (§137.3) Limitations: One year from date on which the public improvement has been completed and accepted by the public owner (§137.4(b)) Notice Requirements: Second tier subcontractors - 120 days from last work (§137.3) Other:
A final report issued on Mar. 7, 2023, by the Georgia secretary of state declared no fraud was detected. When a reporter asked him this month if he regretted defaming the women, the attorneys ...
As the late payment trend increases nationally, understanding the problem, and finding solutions, has never been more important. Credit card balances reached $1.14 trillion in Q2, according to ...
A payment is the tender of something of value, such as money or its equivalent, by one party (such as a person or company) to another in exchange for goods or services provided by them, or to fulfill a legal obligation or philanthropy desire. The party making the payment is commonly called the payer, while the payee is