Supply Management

Interest Rate on Contract Claims

In the Postal Bulletin, the Postal Service™ periodically publishes the interest rate payable on a claim decided in a supplier’s favor under the Contract Disputes Act of 1978. This rate also applies for late payments to suppliers under the Prompt Payment Act, as amended.

The interest rate effective for the six-month period beginning January 1, 2014, and ending June 30, 2014, is
2-1/8 percent.