AUTHORITY DECISION4734Financial Disputes
What are the limits of the contracting authority's discretion in setting the progress payment period?
- Decision number:
- 2015/UH.II-1611
- Decision date:
- 12 February 2023
It was established that the draft contract provided that the progress payment would be accrued within ten days. Under that provision the accrual should have been made within ten days and payment within the following thirty days.