Supply Management

Interest Rate on Contract Claims

The Postal Service™ 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 July 1, 2007, and ending December 31, 2007, is 5.75 percent.

Now you see them. Now you don't. Children are like that. One minute they're playing in the yard. The next minute they're chasing a ball into the street. Or playing hide-and-seek around your vehicle. Or trying to hitch a ride on your bumper. Don't count on children or pedestrians to be watching for you. Be on the lookout for them. Look. Listen. Look Again. Drive Defensively. Safety depends on me!