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Prompt Payment
- Overview of Requirements
- Comptroller Policy
- USAS Instructions
- Defaults and Edits
- Payment Due Date and Requested Payment Date
- Interest Control Flag and Reason Code
- Accounts That May Be Charged With Interest
- Returned Direct Deposits and Replacement Payments
- Payments to Other Agencies
- Handling Errors
- Notification and Review of Interest Paid
- Reports to Track and Research Late Payments
- Profiles That Determine Whether Payments are Subject to the Prompt Payment Law
- Reference
eXpendit
Note: To navigate this guide on a mobile device you must use the Table of Contents.
Comptroller Policy
IRS Notification
Agencies are responsible for notifying the IRS of interest paid. See USAS Procedures for 1099 Reporting (FPP E.001).
Resources
- State of Texas Procurement and Contract Management Guide
- Publications and Downloadable Data
- Definitions
References
- Texas Constitution and Statutes
- State Budget for Current Biennium
- Texas Attorney General Opinions
- Texas Administrative Code (TAC):
- FMX’s Purchase
- Comptroller Expenditure Codes
Tools
- Purchase Voucher form (73-170)
- Travel Voucher form (73-174)
- Discount Cost Effectiveness Calculator
- Prompt Payment Interest Calculator
- Prompt Payment Due Date and Interest Calculator
Training
- See the Training Center for a list of classes and contacts.
Contacts
- Statewide Procurement Division
- Agency Purchase Contacts
- Email the Expenditure Assistance section
- Call Expenditure Assistance:
(512) 475-0966