Part 504 - Prompt Payment Policy Statement
- § 504.1 - Purpose and applicability
- § 504.2 - Definitions
- § 504.3 - Prompt payment schedule
- § 504.4 - Payment procedures
- § 504.5 - Exceptions and extension of payment due date
- § 504.6 - Interest eligibility and computation
- § 504.7 - Sources of funds to pay interest
- § 504.8 - Incorporation of prompt payment policy statement into contracts
- § 504.9 - Notice of objection
- § 504.10 - Judicial review
- § 504.11 - Court action or other legal processes
- § 504.12 - Amendments
Notes
Statutory authority: Executive Law, § 102[1]; Public Authorities Law, §§ 1852[3], 1855[4], 2880; Public Officers Law, §87
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