Thousands of federal contractors today are watching their inboxes, waiting for a message from their agency customers that their invoices for work done over the last two months have been accepted. Many of those bills are more than 30 days old, triggering interest payments due to the companies. At least one veteran owned HUBZone firm has about $20 million in outstanding invoices that are now more than 30 days old. Federal News Network's executive editor Jason Miller joins me to discuss why agencies now face a new challenge with the shutdown ending, complying with the Prompt Payment Act.
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The Federal Drive with Terry Gerton