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10 U.S.C. § 4602Contracted property and services: prompt payment of vouchers

submitted 26 years ago by Pub. L. 106-398 to r/title-10-ARMED-FORCES · 110 words · no verdicts yet

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A translation hasn’t been published for this section yet. The official text below is complete and authoritative.

the actual law source: uscode.house.gov ↗public domain
(a)Requirement.—

Of the contract vouchers that are received by the Defense Finance and Accounting Service by means of the mechanization of contract administration services system, the number of such vouchers that remain unpaid for more than 30 days as of the last day of each month may not exceed 5 percent of the total number of the contract vouchers so received that remain unpaid on that day.

(b)Contract Voucher Defined.—

In this section, the term “contract voucher” means a voucher or invoice for the payment to a contractor for services or deliverable items provided by the contractor under a contract funded by the Department of Defense.

Source credit: (Added Pub. L. 106–398, § 1 [[div. A], title X, § 1006(a)(1)], Oct. 30, 2000, 114 Stat. 1654, 1654A–247, § 2226; amended Pub. L. 111–350, § 5(b)(7), Jan. 4, 2011, 124 Stat. 3842; Pub. L. 115–232, div. A, title VIII, § 836(e)(1), Aug. 13, 2018, 132 Stat. 1869; renumbered § 4602, Pub. L. 116–283, div. A, title XVIII, § 1861(b), Jan. 1, 2021, 134 Stat. 4277.)

history & why it existsrecord from the source credit
  • 2000Enacted · Pub. L. 106-398 · 114 Stat. 1654, 1654
  • 2011Amended · Pub. L. 111-350 · 124 Stat. 3842
  • 2018Amended · Pub. L. 115-232 · 132 Stat. 1869
  • 2021Amended · Pub. L. 116-283 · 134 Stat. 4277

A history note hasn’t been published yet. The record shows enactment by Pub. L. 106-398 on 2000-10-30.

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