Prompt Payment Discount
B-189238
Published: Jun 30, 1977. Publicly Released: Jun 30, 1977.
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Highlights
The protester objected to the interpretation by several Government agencies of the prompt payment discount provisions in some Federal Supply Schedule Contracts between the company and the General Services Administration. A prompt payment discount in a contract priced on an f.o.b. origin basis does not apply to prepaid transportation charges stated separately on the seller's invoice unless otherwise specifically provided in the contract.