Prompt Payment Act (Public Law 97-177) Current Implementation Initiatives and Alternatives.

Abstract

Government agencies are required by Public Law 97-177 to pay interest penalty payments to vendors for all bills not paid by a specified due date. The purpose of this study was to investigate the implementation procedures developed by the U.S. Air Force, U.S. Army, and U.S. Navy to comply with Public Law 97-177. The investigation was intended to develop alternative procedures for use in the U.S. Navy that would minimize the impact on operating funds of the Navy. This was accomplished through literature and document research and on site visits to Navy paying agencies. The conclusion is that improvements can be made in the Navy's current procedures. Recommendations for changes in the current system include holding claimants and/or subclaimants responsible for subordinate command performance through negotiation of goals and for maturing the current system into one of permanency which will provide incentives for adherence to the goal of timely payments of bills. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Jun 01, 1983
Accession Number
ADA128165

Entities

People

  • Danny Gerald Matthews

Organizations

  • Naval Postgraduate School

Tags

Communities of Interest

  • Weapons Technologies

DTIC Thesaurus Topics

  • Accuracy
  • Adhesion
  • Air Force
  • Commerce
  • Computer Programs
  • Contracts
  • Control Systems
  • Department Of Defense
  • Foreign Military Sales
  • Governments
  • Law
  • Management Personnel
  • Military Personnel
  • National Governments
  • Procurement
  • Reliability
  • United States

Readers

  • Defense Acquisition Program Management
  • Government Contracting/Procurement.
  • Systems Analysis and Design