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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.
This is a digital product.
The Prompt Payment Act Answer Book 1st Edition is written by William G. Arnold CDFM-A, CCA and published by Berrett-Koehler Publishers. The Digital and eTextbook ISBNs for The Prompt Payment Act Answer Book are 9781567263336, 156726333X and the print ISBNs are 9781567262438, 1567262430.

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