I agreeto Idea PPA  to require discounts on all government contracts
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PPA to require discounts on all government contracts

Amend the prompt payment act to REQUIRE any vendor doing business with the government to offer a discount equivalent to the interest earned on

payments that are made late. This could be in the form of a discounted unit price or a percentage off if paid within a specified time frame, as dictated by contract. Charging the government full rate or higher, in some instances, enriches the vendor at the cost of the taxpayer.

Submitted by Community Member 2 years ago

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  1. I agree. There are many large businesses that benefit from government contracts but provide no incentive or relief to the government or taxpayers for the business they are given from these contracts.

    2 years ago
    0