Section 4a-52-13 - Payment(a) Unless otherwise specified in the invitation to bid, payment for all accepted supplies, materials, equipment or contractual services shall be due within forty-five days after receipt of such supplies, materials, equipment or contractual services or the date that a properly executed State invoice form is received, whichever is later. Bids submitted that require payment in less than forty-five days, unless otherwise specified in the invitation to bid, are subject to rejection. Where there is a question of non-performance of the contract, payment in whole or in part may be withheld provided the contractor is notified in writing prior to the ending date of the forty-five day payment period. In the event a cash discount for prompt payment is involved, the withholding of payments as provided for in this subsection, shall not deprive the State of the right to take such cash discount.(b) Payment will be made only after presentation of a properly completed State invoice form. Forms may be obtained from either the ordering agency or the Bureau of General and Technical Services Central Warehouse. All invoices shall be sent directly to the ordering agency. All inquiries regarding the status of unpaid invoices shall also be directed to the ordering agency. In cases where there is any defect or impropriety in the contractor's claim, the State agency shall contact the contractor within ten days. If the contractor corrects the defect or impropriety within five business days of being so contacted, and within the forty-five day period, it shall not result in the contractor being paid after the expiration of the forty-five day payment period.(c) The contractor shall be allowed to charge interest at a rate of one percent per month on amounts due whenever any State agency fails to make timely payment in accordance with subsections (a) and (b) of this section. Any amount of interest penalty which remains unpaid at the end of any thirty day period shall be added to the principal amount of the debt and, thereafter, interest penalties shall accrue on that amount. The contractor must submit a separate State invoice form for interest charges.(d) All charges against a contractor shall be deducted from current obligations that are due or may become due. In the event that collection is not made in this manner, the contractor shall pay the State, on demand, the amount of such charges. All remittances shall be made payable to "Treasurer, State of Connecticut."(e) Payment for the used portion of an inferior delivery will be made by the State on an adjusted price basis determined by the Commissioner.Such determination shall be final and binding.
Conn. Agencies Regs. § 4a-52-13
Effective September 1, 1992