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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 - 2012

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TimeTargetPercent
Oct 2011N/A0
Nov 2011N/A0
Dec 2011N/A0
Jan 2012N/A0
Feb 2012N/A0
Mar 2012N/A0
Apr 2012N/A0
May 2012N/A0
Jun 2012N/A0
Jul 2012N/A0
Aug 2012N/A0
Sep 2012N/A0

FY 2012 Overall: 0%

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

Fiscal Year - 2012
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TimeTargetNumber
Oct 2011N/A0
Nov 2011N/A0
Dec 2011N/A0
Jan 2012N/A0
Feb 2012N/A0
Mar 2012N/A0
Apr 2012N/A0
May 2012N/A0
Jun 2012N/A0
Jul 2012N/A0
Aug 2012N/A0
Sep 2012N/A0

FY 2012 TOTAL: 0

Number of interest penalties paid out in the month

Fiscal Year - 2012
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TimeTargetNumber
Oct 2011N/A20
Nov 2011N/A26
Dec 2011N/A52
Jan 2012N/A38
Feb 2012N/A21
Mar 2012N/A15
Apr 2012N/A11
May 2012N/A38
Jun 2012N/A13
Jul 2012N/A18
Aug 2012N/A24
Sep 2012N/A44

FY 2012 TOTAL: 320

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.