{ "name": "Threewayly Prompt Payment Terms And Interest", "title": "Prompt Payment Terms And Interest", "url": "https://threewayly.com/datasets/prompt-payment-terms-and-interest/", "csv": "https://threewayly.com/datasets/prompt-payment-terms-and-interest.csv", "markdown": "https://threewayly.com/datasets/prompt-payment-terms-and-interest/index.md", "computed_at": "2026-10-18", "license": "https://threewayly.com/terms", "headline": "The Prompt Payment Terms And Interest carries 6 published figures read from 6 sources' own pages, from 15 to 60 day, read 17 October 2026.", "quotes": [ "The Prompt Payment Terms And Interest carries 6 published figures read from 6 sources' own pages, from 15 to 60 day, read 17 October 2026.", "6 of the 11 named sources read in full publish a figure; 5 publish none, read 17 October 2026.", "Prompt Payment Terms And Interest, rate period US prompt payment rate 2026 Jul-Dec: median 4.75 percent across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, rate period UK Bank Rate 2026-07-30: median 3.75 percent across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type US federal payment due date: median 30 day across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type US federal accelerated payment: median 15 day across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type US federal constructive acceptance maximum: median 30 day across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type DoD accelerated payment to small business: median 15 day across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type EU fixed recovery compensation: median 40 EUR across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type UK public authority maximum period: median 30 day across 1 source, read 17 October 2026.", "Prompt Payment Terms And Interest, counterparty type UK business maximum period: median 60 day across 1 source, read 17 October 2026." ], "citation": "\"Threewayly Prompt Payment Terms And Interest\", updated 2026-10-18, https://threewayly.com/datasets/prompt-payment-terms-and-interest/.", "changed_since": null, "national": { "unit": "day", "n": 6, "median": 30, "min": 15, "max": 60, "p25": 15, "p75": 37.5, "mean": 30, "units": { "%": 2, "EUR": 1, "day": 6 }, "published_sources": 6, "named_sources": 11, "read_sources": 11, "not_published": 5, "published_share": 0.545 }, "by_axis": { "rate period": { "US prompt payment rate 2026 Jul-Dec": { "%": { "n": 1, "median": 4.75, "min": 4.75, "max": 4.75, "p25": 4.75, "p75": 4.75, "mean": 4.75 } }, "UK Bank Rate 2026-07-30": { "%": { "n": 1, "median": 3.75, "min": 3.75, "max": 3.75, "p25": 3.75, "p75": 3.75, "mean": 3.75 } } }, "counterparty type": { "US federal payment due date": { "day": { "n": 1, "median": 30, "min": 30, "max": 30, "p25": 30, "p75": 30, "mean": 30 } }, "US federal accelerated payment": { "day": { "n": 1, "median": 15, "min": 15, "max": 15, "p25": 15, "p75": 15, "mean": 15 } }, "US federal constructive acceptance maximum": { "day": { "n": 1, "median": 30, "min": 30, "max": 30, "p25": 30, "p75": 30, "mean": 30 } }, "DoD accelerated payment to small business": { "day": { "n": 1, "median": 15, "min": 15, "max": 15, "p25": 15, "p75": 15, "mean": 15 } }, "EU fixed recovery compensation": { "EUR": { "n": 1, "median": 40, "min": 40, "max": 40, "p25": 40, "p75": 40, "mean": 40 } }, "UK public authority maximum period": { "day": { "n": 1, "median": 30, "min": 30, "max": 30, "p25": 30, "p75": 30, "mean": 30 } }, "UK business maximum period": { "day": { "n": 1, "median": 60, "min": 60, "max": 60, "p25": 60, "p75": 60, "mean": 60 } } } }, "rows": [ { "source": "US Treasury prompt payment", "url": "https://fiscal.treasury.gov/prompt-payment/", "figure": "4.75%", "value": 4.75, "unit": "%", "vat": null, "axis": { "rate period": "US prompt payment rate 2026 Jul-Dec" }, "retrieved_at": "2026-10-11", "quote": "The Prompt Payment interest rate for July 1– December 31, 2026 is 4.75%.", "source_class": "primary-government", "text_sha256": "b00def0138ff5def6c33837573f043a5dc3a77e24fce8d9519e25b811edbcbda" }, { "source": "eCFR 5 CFR part 1315 Prompt Payment", "url": "https://www.ecfr.gov/current/title-5/chapter-III/subchapter-B/part-1315", "figure": "30 days", "value": 30, "unit": "day", "vat": null, "axis": { "counterparty type": "US federal payment due date" }, "retrieved_at": "2026-10-16", "quote": "The payment due date for interim payments under cost-reimbursement service contracts shall be 30 days after the date of receipt of a proper invoice.", "source_class": "primary-government", "text_sha256": "5b325b6ce5ca85ff53008e98d7072d0c01852ce53dc0b6fdfee345290e9ae154" }, { "source": "eCFR 5 CFR part 1315 Prompt Payment", "url": "https://www.ecfr.gov/current/title-5/chapter-III/subchapter-B/part-1315", "figure": "15 days", "value": 15, "unit": "day", "vat": null, "axis": { "counterparty type": "US federal accelerated payment" }, "retrieved_at": "2026-10-16", "quote": "Payment may be made within 15 days after the date of receipt of the invoice.", "source_class": "primary-government", "text_sha256": "5b325b6ce5ca85ff53008e98d7072d0c01852ce53dc0b6fdfee345290e9ae154" }, { "source": "FAR Part 32 contract financing and payment", "url": "https://www.acquisition.gov/far/part-32", "figure": "30 days", "value": 30, "unit": "day", "vat": null, "axis": { "counterparty type": "US federal constructive acceptance maximum" }, "retrieved_at": "2026-10-16", "quote": "(4) Agency heads must not prescribe a period shorter than 7 days or longer than 30 days.", "source_class": "primary-government", "text_sha256": "8ff2a3893b2679065465845c2d6a4449174e7ff23c278d4ba424e08d5acf3dfd" }, { "source": "FAR Part 32 contract financing and payment", "url": "https://www.acquisition.gov/far/part-32", "figure": "15 days", "value": 15, "unit": "day", "vat": null, "axis": { "counterparty type": "DoD accelerated payment to small business" }, "retrieved_at": "2026-10-16", "quote": "3801(b), DoD shall provide accelerated payments, to the fullest extent permitted by law, with a goal of 15 days after receipt of a proper invoice and all other required documentation, to—", "source_class": "primary-government", "text_sha256": "8ff2a3893b2679065465845c2d6a4449174e7ff23c278d4ba424e08d5acf3dfd" }, { "source": "Directive 2011/7/EU on combating late payment", "url": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32011L0007", "figure": "EUR 40.", "value": 40, "unit": "EUR", "vat": null, "axis": { "counterparty type": "EU fixed recovery compensation" }, "retrieved_at": "2026-10-16", "quote": "Compensation for recovery costs Member States shall ensure that, where interest for late payment becomes payable in commercial transactions in accordance with Article 3 or 4, the creditor is entitled to obtain from the debtor, as a minimum, a fixed sum of EUR 40.", "source_class": "primary-government", "text_sha256": "bcb0360bc14a7c6ee244e3eb1b3cb167cdc59b4f2f351671c270a38a591a72f7" }, { "source": "Bank of England Bank Rate", "url": "https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate", "figure": "3.75%", "value": 3.75, "unit": "%", "vat": null, "axis": { "rate period": "UK Bank Rate 2026-07-30" }, "retrieved_at": "2026-10-16", "quote": "Our latest decision: Bank Rate held at 3.75%", "source_class": "primary-government", "text_sha256": "daf93bbaf27862b1896df16c013adb9a1ab70d5409995a5b0d47036f5fd3993f" }, { "source": "GOV.UK late commercial payments interest and debt recovery", "url": "https://www.gov.uk/late-commercial-payments-interest-debt-recovery", "figure": "30 days", "value": 30, "unit": "day", "vat": null, "axis": { "counterparty type": "UK public authority maximum period" }, "retrieved_at": "2026-10-17", "quote": "If you agree a payment date, it must usually be within 30 days for public authorities or 60 days for business transactions.", "source_class": "primary-government", "text_sha256": "87fab617b973796b516613998707daa6063b813554f721e54377fd17fa66b1b8" }, { "source": "GOV.UK late commercial payments interest and debt recovery", "url": "https://www.gov.uk/late-commercial-payments-interest-debt-recovery", "figure": "60 days", "value": 60, "unit": "day", "vat": null, "axis": { "counterparty type": "UK business maximum period" }, "retrieved_at": "2026-10-17", "quote": "You can agree a longer period than 60 days for business transactions - but it must be fair to both businesses.", "source_class": "primary-government", "text_sha256": "87fab617b973796b516613998707daa6063b813554f721e54377fd17fa66b1b8" } ], "not_published": [ { "source": "US Treasury prompt payment interest rates table", "url": "https://www.fiscal.treasury.gov/fsservices/gov/pmt/promptPayment/rates.htm", "retrieved_at": "2026-10-09", "reason": "every candidate on the page was refused" }, { "source": "US Treasury prompt payment FAQs", "url": "https://fiscal.treasury.gov/prompt-payment/faqs.html", "retrieved_at": "2026-10-09", "reason": "every candidate on the page was refused" }, { "source": "Federal Register prompt payment interest rate notice", "url": "https://www.federalregister.gov/documents/2025/07/31/2025-14441/prompt-payment-interest-rate-contract-disputes-act", "retrieved_at": "2026-09-11", "reason": "read in full and no accepted figure on the page" }, { "source": "Late Payment of Commercial Debts (Interest) Act 1998", "url": "https://www.legislation.gov.uk/ukpga/1998/20/contents", "retrieved_at": "2026-09-11", "reason": "read in full and no accepted figure on the page" }, { "source": "Late Payment of Commercial Debts Regulations 2002", "url": "https://www.legislation.gov.uk/uksi/2002/1675/made", "retrieved_at": "2026-09-11", "reason": "read in full and no accepted figure on the page" } ], "sources": [ { "url": "https://fiscal.treasury.gov/prompt-payment/", "label": "US Treasury prompt payment", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.fiscal.treasury.gov/fsservices/gov/pmt/promptPayment/rates.htm", "label": "US Treasury prompt payment interest rates table", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://fiscal.treasury.gov/prompt-payment/faqs.html", "label": "US Treasury prompt payment FAQs", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.ecfr.gov/current/title-5/chapter-III/subchapter-B/part-1315", "label": "eCFR 5 CFR part 1315 Prompt Payment", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.federalregister.gov/documents/2025/07/31/2025-14441/prompt-payment-interest-rate-contract-disputes-act", "label": "Federal Register prompt payment interest rate notice", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.acquisition.gov/far/part-32", "label": "FAR Part 32 contract financing and payment", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legislation.gov.uk/ukpga/1998/20/contents", "label": "Late Payment of Commercial Debts (Interest) Act 1998", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.legislation.gov.uk/uksi/2002/1675/made", "label": "Late Payment of Commercial Debts Regulations 2002", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.gov.uk/late-commercial-payments-interest-debt-recovery", "label": "GOV.UK late commercial payments interest and debt recovery", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://eur-lex.europa.eu/legal-content/EN/TXT/?uri=CELEX%3A32011L0007", "label": "Directive 2011/7/EU on combating late payment", "license": "the publisher's own terms; quoted for reporting and comment" }, { "url": "https://www.bankofengland.co.uk/monetary-policy/the-interest-rate-bank-rate", "label": "Bank of England Bank Rate", "license": "the publisher's own terms; quoted for reporting and comment" } ], "methodology": "Every row is a verbatim sentence read from the named source's own page through our fetch service on the date shown, hash-pinned to the stored read (the sha of the page's visible text; the raw page is mirrored to R2). 6 of the 11 named sources that could be read published a usable figure; 5 published none and are recorded as not published, never filled in; 0 could not be read (blocked, dead or unreachable) and count nowhere. The headline figures (median, minimum, maximum, quartiles) are over ONE figure per source for each breakdown it prices, in day (a source's median where its page yielded several accepted sentences for one breakdown), so a page that gives figures for several breakdowns gives one for each and N counts 6 figures, never sentences; 42 candidate sentence(s) were refused by a reviewer with the reason recorded. The fuller derivation this dataset is chartered to grow into (not yet what the figures above are; they are each source's own published figure as read): one row per jurisdiction per rule: the maximum payment period the law allows for a public body and for a business, the date the clock starts, the statutory late-payment interest rate in force now, the fixed recovery compensation, and the rate's own history - each quoted from the authority that sets it (Treasury's semiannual Prompt Payment rate, the Bank of England base rate plus eight points for the UK, the ECB reference rate plus eight for the EU). The derivation is the SERIES: the rate by period back through every change, so the interest owed on a specific overdue invoice can be computed at the rate that was in force on its due date, which is what the UK Act actually requires and what no calculator page shows.", "embed": "

15 to 60 day

6 published figures, Prompt Payment Terms And Interest, across 6 sources, read 17 October 2026

Source: Threewayly Prompt Payment Terms And Interest
" }