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|a Arnold, William,
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|a The Prompt Payment Act Answer Book /
|c Arnold, William.
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|a 1st edition.
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|b Berrett-Koehler Publishers,
|c 2009.
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|a 1 online resource (190 pages)
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|a Find the Answers You Need to Comply with the Prompt Payment Act! It can be challenging for federal agencies to comply with the Prompt Payment Act. Although the basic rules are simple, they can be difficult to interpret and apply properly -- until now. Designed as a reference, The Prompt Payment Act Answer Book lays out the prompt payment rules in a question-and-answer format, enabling readers to find answers to hundreds of specific questions. Practitioners will find the information they need to get and stay in compliance with the Prompt Payment Act and will benefit from real-world examples they can apply in everyday operations." Government payment personnel: Get advice on how to structure your processes to comply with prompt payment rules, avoid negative audit findings, and deal with contractor inquiries about interest entitlements " Auditors: Structure your prompt payment audits and pertinent information effectively " Contractors and vendors: Verify that your invoices are being handled properly, determine whether you are due interest penalties, and learn how to appeal improper payment amounts Plus! Two quantitative sections show you how to calculate payment due dates and interest penalties, and two quizzes help reinforce learning
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|a Intro; Title Page; Copyright; Dedication; About the Author; Contents; Preface; Chapter 1: Introduction to the Prompt Payment Act; Chapter 2: The History of the Act; Chapter 3: The Final Rule (5 CFR 1315); Chapter 4: Applicability; Agencies Included; Transaction Types Included; Payees Included; Chapter 5: Definitions; Chapter 6: Responsibilities of Agencies; Chapter 7: Standards for Prompt Payment; Chapter 8: Accelerated Payments and Fast Payment; Chapter 9: Discounts and Rebates; Chapter 10: Documentation; Chapter 11: Calculating Due Dates.
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|a Chapter 12: Late Payment Interest Penalties and Additional PenaltiesChapter 13: Special Situations; Governmentwide Commercial Purchase Cards; Commodity Credit Corporation; Construction Contracts; Grants and Assistance; Chapter 14: Inquiries; Appendix 1: The Prompt Payment Act Final Rule (5 CFR 1315); Appendix 2: Self-Quiz: Payment Due Dates; Appendix 3: Self-Quiz: Interest Calculations; Appendix 4: Solutions to Payment Due Dates Self-Quiz; Appendix 5: Solutions to Interest Calculations Self-Quiz; Appendix 6: Treasury Financial Manual Bulletin: Current Value of Funds Rate.
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|a Appendix 7: Prompt Payment Act Interest RatesRenegotiation Board Interest Rate, Prompt Payment Act Interest Rate, and Contract Dispute Act Interest Rate; Index.
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|a O'Reilly
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