New York Codes, Rules and Regulations
Title 21 - Miscellaneous
Chapter LV - Dormitory Authority
Part 4701 - Prompt Payment Policy
Section 4701.2 - Prompt payment policy
Universal Citation: 21 NY Comp Codes Rules and Regs ยง 4701.2
Current through Register Vol. 46, No. 12, March 20, 2024
It shall be the policy of the Dormitory Authority to process contract payments efficiently and expeditiously so as to assure payment in a timely manner to firms and organizations which do business with the authority and to avoid, to the greatest extent practicable, the payment of interest in cases where prompt payment does not occur as provided herein.
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