Late Disbursement Interest
Active
- Assistance listing
- 15.436
- Agency
-
Departmental Offices
Department of the Interior
- Grant awards
- Not on record
Program facts
- Treasury account
-
- 14-5003-0-0-000
- More information
Program details come from SAM.gov Assistance Listings. Updated .
About this program
The Department of the Interior's Office of Natural Resources Revenue (ONRR) disburses late disbursement interest (CFDA 15.436) to state entities that receive delayed payments, with no application procedure or upcoming due dates—interest is calculated and disbursed automatically when delay criteria are met.
ONRR compensates recipients for payment delays caused by disputes, suspense conditions, or incomplete or incorrect remittance information. The system automatically computes interest based on the receipt date and the length of delay. Because late disbursement interest is a corrective mechanism tied to existing ONRR payment obligations rather than a discretionary grant program, it operates outside the typical grant solicitation cycle. There are no eligibility restrictions, no application process, and no deadline to pursue. Eligible state entities receive interest disbursement as a matter of course when ONRR identifies delayed payments within its scope.
The source provides no portfolio data on award volume, cadence, recent disbursements, or dollar concentrations. It does not specify which federal agencies besides ONRR (if any) participate in the program, typical interest magnitudes, or representative recent payments to states. The program description confirms that late disbursement interest carries no restrictions on use by recipient states.
This is a passive funding mechanism rather than a competitive or discretionary grant opportunity. State entities do not apply, propose projects, or compete for allocation. Pursuit depends on whether your organization is a state government entity that has experienced or anticipates delayed ONRR payments. If your organization is a state finance or revenue office, contact ONRR directly to confirm whether you have outstanding delayed-payment claims eligible for interest calculation. If your organization is not a state entity or does not receive ONRR disbursements, this program is not applicable.
Objective and description
- Objective
ONRR pays late disbursement interest on certain payments made to States after the due date.
- Description
This interest compensates recipients for delays caused by disputes, suspense conditions, or incomplete or incorrect remittance information.
Eligibility
- Applicant eligibility
State entities who receive delayed disbursements.
- Beneficiary eligibility
ONRR pays late disbursement interest on subject payments made to States after the due date.
- Uses of assistance
No specific restrictions on use.
How to apply
- Application procedure
There is no application procedure as the late disbursement interest is automatic, if the criteria is met.
- Award procedure
LDI is automatically calculated and disbursed. The system computes it based on the receipt date and how long the payment was delayed.
Quick answers
What is Assistance Listing 15.436?
Assistance Listing 15.436 is Late Disbursement Interest, a federal grant program run by Departmental Offices (Department of the Interior).
What is the CFDA number for Late Disbursement Interest?
Its CFDA number is 15.436: Assistance Listing numbers were called CFDA numbers before 2018.
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