Accession Number : ADP002778

Title :   Does the Prompt Payment Act Insure Timely Contract Payment?

Corporate Author : DEFENSE CONTRACT ADMINISTRATION SERVICES REGION LOS ANGELES CA

Personal Author(s) : Wilson,M. E.

Report Date : 1983

Pagination or Media Count : 5

Abstract : On 21 May 1982, President Reagan signed Public Law 97-177, the Prompt Payment Act, which has an objective of timely contract payment. Since the Act was implemented nearly one year ago, the question is: Does the Prompt Payment Act Insure Timely Contract Payment? This report addresses this question.

Descriptors :   *Government procurement, *Contract administration, *Management planning and control, *Federal budgets, Planning programming budgeting, Finance, Costs, Acquisition, Resource management, Legislation, Management, Planning, Strategy, Symposia

Distribution Statement : APPROVED FOR PUBLIC RELEASE