FAR 32.608-1 — Interest charges
Regulatory text. Not legal advice.
Unless specified otherwise in the clause at FAR 52.232-17, Interest, interest charges shall apply to any contract debt unpaid after 30 days from the issuance of a demand unless—
(a)
(a) The contract is a kind excluded under FAR 32.611; or
(b)
(b) The contract or debt has been exempted from interest charges under agency procedures.
Source: eCFR • Pulled 2026-04-16