Government Contracting Blog

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The latest insights for government contracting success, GSA Schedule assistance, & IT Manufacturer support.

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late payments | prompt payment

What Is the Prompt Payment Rule?

By: Hannah Patrick
April 23rd, 2015

Although most of your government clients are probably very good about paying their invoices on time – or even early to take advantage of a prompt payment discount – every so often you may get that one agency that is difficult to collect from. If it happens once or twice, it might not be that big of a deal. But what if it is every month, or on a significantly large invoice?

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