Interest.
Interest on amounts found due to a contractor on claims shall be payable at a rate set in § 28-3302(b) applicable to judgments against the District government from the date the contracting officer receives the claim until payment of the claim. Interest on amounts found due to the District from a contractor on claims shall be payable at the rate set in § 28-3302(b) applicable to judgments against the District government from the date the contractor receives a contracting officer’s written decision asserting the claim on behalf of the District until payment of the claim.
Annotations
Apr. 8, 2011, D.C. Law 18-371, § 909, 58 DCR 1185 2001 Ed., § 2-308.06.
Sourced from the DC Council Open Law Library (public domain).
This is legal information, not legal advice. Laws vary by jurisdiction and change frequently. Always verify current law with official sources and consult a licensed attorney in your jurisdiction for advice on your specific situation.