B-186494:
Jul 22, 1976
RULE NOW APPLIED BY THE GENERAL ACCOUNTING OFFICE (GAO) IS THAT GOVERNMENT AGENCIES MAY PAY INTEREST ON LATE PAYMENTS PURSUANT TO EITHER STATUTE OR CONTRACT PROVISION. 51 COMP.GEN. 251 (1971). IF CONTRACT BETWEEN COAST GUARD AND UTILITY COMPANY IS CONSTRUED AS OBLIGATING COAST GUARD TO PAY LATE CHARGES. THERE IS NO OBJECTION TO PAYMENT BASED ON ABSENCE OF STATUTORY PROVISION THEREFOR. 2. GAO BELIE...