Claim for Prompt Payment Discount Allegedly Computed Erroneously Is Disallowed
B-187824
Dec 15, 1976
Skip to Highlights
Highlights
The protester requested a review of a settlement which disallowed the firm's claim for a prompt payment discount alleged to have been erroneously taken. The claimant's position with regard to which day counts as the first day of the 10-day discount period is contrary to the weight of judicial authority and to the prior decision of GAO. The disallowance of the claim is affirmed since payment was made within the discount period properly computed by excluding from computation the day "from" which the period began.