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Supply Management


Interest Rate on Contract Claims

The Postal ServiceTM periodically publishes in the Postal Bulletin 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 6-month period beginning January 1, 2007, and ending June 30, 2007, is 5.25 percent.

— Supply Management Infrastructure,
Supply Management, 1-18-07