StacksVerified U.S. regulatory reference

18 CFR §1308.5

Verified against eCFR.gov as of June 20, 2026View official text on eCFR.gov ↗
TVA shall pay a Contractor interest on the amount found to be due on a claim:
  1. (a)From the date payment is due under the contract or the Contracting Officer receives the claim, whichever is later, until TVA makes payment;
  2. (b)At the rate payable pursuant to section 12 of the Act on the date from which interest runs pursuant to paragraph (a) of this section.