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Prompt Payment Section Sample Template

This template may be incorporated into a recipient’s DBE Program document. While use of the template is optional, DOT encourages recipients to utilize this sample template to ensure that they comply with the prompt payment requirements to ensure subcontractors are promptly paid in accordance with 49 CFR § 26.29.

The contents of this document do not have the force and effect of law and are not meant to bind the public in any way. This document is intended only to provide clarity to the public regarding existing requirements under the law or agency policies.

Regulatory Topic: Disadvantaged Business Enterprise
Published Date: Wednesday, April 25, 2018
Issued Date: Wednesday, April 25, 2018