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U.S. Department of Health and Human Services

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The percentage of interest penalties paid out that exceed .02% of the total invoice amount for the month

Dictionary: In accordance with the Prompt Pay Act, FDA is required to pay interest penalties on invoices not paid timely. Therefore, OFO works to keep interest penalties to a minimum.

Fiscal Year - 2011

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TimeTargetPercent
Oct 201000
Nov 201000
Dec 201000
Jan 201100
Feb 2011N/A0
Mar 2011N/A0
Apr 2011N/A0
May 2011N/A0
Jun 2011N/A0
Jul 2011N/A0
Aug 2011N/A0
Sep 2011N/A0

FY 2011 Overall: 0%

Number of interest penalties paid out that exceed .02% of the total invoice amount for the month

Fiscal Year - 2011
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TimeTargetNumber
Oct 2010N/A0
Nov 2010N/A0
Dec 2010N/A0
Jan 2011N/A0
Feb 2011N/A0
Mar 2011N/A0
Apr 2011N/A0
May 2011N/A0
Jun 2011N/A0
Jul 2011N/A0
Aug 2011N/A0
Sep 2011N/A0

FY 2011 Total: 0

Number of interest penalties paid out in the month

Fiscal Year - 2011
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TimeTargetNumber
Oct 2010N/A4
Nov 2010N/A12
Dec 2010N/A11
Jan 2011N/A25
Feb 2011N/A19
Mar 2011N/A10
Apr 2011N/A2
May 2011N/A4
Jun 2011N/A11
Jul 2011N/A5
Aug 2011N/A20
Sep 2011N/A20

FY 2011 Total: 143

Glossary

Note: The data provided on this website is produced on an ongoing basis for performance management purposes and is subject to change due to updates of preliminary estimates, corrections, or other reasons. In addition, FDA may change the type or amount of data provided on this website at any time. Information marked as "Completed" may include measures and/or key projects for which activities are ongoing but no longer tracked as part of FDA-TRACK.