United States Government Printing Office printer prt distributor dst United States National Archives and Records Administration Federal Register Office author aut Government Organization text government publication eng FR Regulatory Information 1999_register executive 2010-09-24 article Rules and Regulations D09002ee180a761fd D09002ee180a7630d United States Part II originator org United States Government Agency or Subagency United States Office of Management and Budget originator org United States Government Agency or Subagency United States Office of Management and Budget originator org United States Government Agency or Subagency OMB is issuing final revisions to its rules on the Prompt Payment Act, which have been found in Circular A-125. The revisions address the increased use of electronic commercial financial systems; promote the use of government credit cards and accelerated payment methods; reflect new requirements of the Debt Collection Improvement Act of 1996 and the recent repeal of the annual agency Prompt Payment reporting requirement; clarify and simplify language; and announce a toll-free number and internet website for Prompt Payment Act information. Finally, in addition to revising the Prompt Payment rules, OMB is also adopting them as codified regulations in the Code of Federal Regulations. OMB's issuance of codified regulations has the effect of superceding and rescinding Circular A-125 (``Prompt Payment''). 64 FR 52580 http://www.gpo.gov/fdsys/granule/FR-1999-09-29/99-24713 99-24713 fr29se99-21 RIN 0348-AB47 3110-01-P http://www.gpo.gov/fdsys/granule/FR-1999-09-29/99-24713/content-detail.html http://www.gpo.gov/fdsys/pkg/FR-1999-09-29/html/99-24713.htm http://www.gpo.gov/fdsys/pkg/FR-1999-09-29/pdf/99-24713.pdf 15 p. 52580 52594 64 FR 52580 Title 5 Part 1315 5 CFR Part 1315 RIN 0348-AB47 Prompt Payment; Federal Register Vol. 64, Issue RULE 99-24713 Part II Office of Management and Budget OFFICE OF MANAGEMENT AND BUDGET 3110-01-P 99-24713 Final rule on, and codification of, Prompt Payment Act regulations.

OMB is issuing final revisions to its rules on the Prompt Payment Act, which have been found in Circular A-125. The revisions address the increased use of electronic commercial financial systems; promote the use of government credit cards and accelerated payment methods; reflect new requirements of the Debt Collection Improvement Act of 1996 and the recent repeal of the annual agency Prompt Payment reporting requirement; clarify and simplify language; and announce a toll-free number and internet website for Prompt Payment Act information. Finally, in addition to revising the Prompt Payment rules, OMB is also adopting them as codified regulations in the Code of Federal Regulations. OMB's issuance of codified regulations has the effect of superceding and rescinding Circular A-125 (``Prompt Payment'').

Sally Phillips, Senior Financial Program Specialist on (202) 874-7106; Matthew Helfrich, Financial Program Specialist, (202) 874-6749; Martha Thomas-Mitchell, Financial Program Specialist on (202) 874-6757; or Cynthia Johnson, Director, Cash Management Policy and Planning Division on (202) 874-6590. Vol. 64, no. 188 Office of the Federal Register, National Archives and Records Administration 1999-09-29 continuing daily deposited born digital 214 p. Table of Contents: AE 2.7: GS 4.107: AE 2.106: KF70.A2 http://www.gpo.gov/fdsys/pkg/FR-1999-09-29 P0b002ee180a761a7 0097-6326 0042-1219 0364-1406 769-004-00000-9 000582072 f:fr29se99 http://www.gpo.gov/fdsys/pkg/FR-1999-09-29/content-detail.html http://www.gpo.gov/fdsys/pkg/FR-1999-09-29/pdf/FR-1999-09-29.pdf fdlp 52423 52625 DGPO 2010-07-15 2010-07-15 FR-1999-09-29 machine generated eng FR FR-1999-09-29 64 188