July 8, 2004

FINANCIAL ADMINISTRATION MEMORANDUM NO. 2004-006 (II.J.)

To: 		Bureau Assistant Directors, Administration
		Chief Executive Officer, National Business Center 
		Bureau Finance Officers
		Finance Officer, Financial Management Services
		Director, Office of Acquisition and Property Management

From: 		William E. Webber /s/
		Focus Leader, Asset and Debt Management 
		Office of Financial Management

Subject: 	Prompt Payment Act - Revised Interest Rate

Attached is a copy of the Federal Register, Volume 69, No. 124, pages 38952 - 
38953, dated June 29, 2004, which contains the revised Prompt Payment Act 
interest rate. For the period beginning July 1, 2004 and ending on December 31, 
2004, the prompt payment interest rate is 4.500 per centum per annum.

Should you have any questions on this subject, please contact Michael Anthony on 
202) 208-6824.

Attachment (HTML, PDF)

Prior Financial Administration
Memorandums on this Subject:

No. 2004-001 (II.J.), January 13, 2004 - Active
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