FAR 32.608-1 Interest charges
Subsection Federal Acquisition Regulation
Facts
- Citation
- FAR 32.608-1
- Type
- Subsection
- Last amended
- 73 FR 53997 Effective Oct 17, 2008
- Text as of
- FAC 2026-01
- Official text
- acquisition.gov
Text from acquisition.gov. Federal Register history from the Federal Register's records of the rules that amended this subsection.
Text
Unless specified otherwise in the clause at 52.232-17, Interest, interest charges shall apply to any contract debt unpaid after 30 days from the issuance of a demand unless-
(a) The contract is a kind excluded under 32.611; or
(b) The contract or debt has been exempted from interest charges under agency procedures.
Federal Register history
| Final rule | Published | Effective |
|---|---|---|
| Federal Acquisition Regulation; FAR Case 2005-018, Contract Debts |
Sections cited
- FAR 52.232-17 Interest
- FAR 32.611 Contract clause
Quick answers
What is FAR 32.608-1?
FAR 32.608-1 is a subsection of the Federal Acquisition Regulation, titled "Interest charges".
When was FAR 32.608-1 last changed?
The most recent final rule on record is "Federal Acquisition Regulation; FAR Case 2005-018, Contract Debts" (73 FR 53997), published Sep 17, 2008 and effective Oct 17, 2008.
Are changes to FAR 32.608-1 proposed?
No proposed rule from the last 3 years is waiting on a final rule.
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