Alaska Administrative Code
Title 2 - Administration
Chapter 15 - Purchasing
2 AAC 15.115 - Payment for state purchases of goods or services
Current through February 27, 2024
(a) If payment for goods or services purchased by a state agency is not made on or before a required payment date as specified in AS 37.05.285(a), the state agency shall pay interest on the unpaid balance in accordance with AS 37.05.285(c).
(b) If a seller of goods or services believes that interest is owed on a payment made by a state agency, the seller shall, within 30 days after receipt of the payment, submit to the billing address of the state agency a written request for payment of interest. A request for payment of interest must include
(c) The state official responsible for authorizing payment for goods or services for which an interest payment has been requested under (b) of this section shall review and act upon the request no later than 10 days after receipt of the request. If a request for interest payment is disallowed, the seller may appeal the disallowance in accordance with 2 AAC 25.
(d) Under AS 37.05.285(f)(2) and this section, a payment is considered made on the date when the payment is personally delivered to the seller or agent of the seller or on the date the payment is postmarked upon mailing.
(e) In this section and in AS 37.05.285,
(f) In AS 37.05.285, "proper billing" means an original invoice or certified copy of an original invoice that includes
(g) In accordance with AS 37.05.285(a)(2), a claim provided to a state agency for goods or services received shall not be certified for payment until receipt of a proper billing.
Authority:AS 37.05.020
AS 37.05.285