B-222944: Oct 23, 1987

Submitted by an unregulated private electric utility company which is not governed by tariff approved by a state commission may be covered by the shorter payment term established by company policy rather than the longer payment term set forth in provision of the Prompt Payment Act. Acceptance of electrical service with notice of company's policy are present. BACKGROUND This case arises because the...

B-222944: Oct 23, 1987

The National Park Service (NPS) requested a decision regarding whether it should pay finance charges for late payments of monthly electric bills. GAO held that NPS should pay the finance charges, since: (1) the purchase agreements presented the late payment terms; and (2) its continued use of the utility implied its acceptance of the terms presented on the invoice statements. Accordingly, NPS shou...