Connecticut § 4a-71 (Formerly Sec. 4-121a). Prompt payment by state departments and agencies.

Connecticut Statutes

§ 4a-71 — (Formerly Sec. 4-121a). Prompt payment by state departments and agencies.

Connecticut § 4a-71

Title 4aAdministrative Services

Ch. 58Purchases and Printing

This text of Connecticut § 4a-71 ((Formerly Sec. 4-121a). Prompt payment by state departments and agencies.) is published on Counsel Stack Legal Research, covering Connecticut primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Conn. Gen. Stat. § 4a-71 (2026).

Text

(a)Except as provided in section 4a-72, each state department and agency shall pay interest at a rate equal to the monthly effective yield for the Short Term Investment Fund administered by the Treasurer pursuant to sections 3-27a to 3-27f, inclusive, on amounts due on written contracts for public works, personal services, goods and services, equipment and travel, whenever such department or agency fails to make timely payment.

(b)For the purposes of this section, payment shall be timely if:

(1)A check or warrant is mailed or delivered on the date specified for the amount specified in the applicable contract documents, or, if no date is specified, within forty-five days of receipt of a properly completed claim or receipt of goods and services, whichever is later; or (2) for any amount t

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(a) Except as provided in section 4a-72, each state department and agency shall pay interest at a rate equal to the monthly effective yield for the Short Term Investment Fund administered by the Treasurer pursuant to sections 3-27a to 3-27f, inclusive, on amounts due on written contracts for public works, personal services, goods and services, equipment and travel, whenever such department or agency fails to make timely payment. (b) For the purposes of this section, payment shall be timely if: (1) A check or warrant is mailed or delivered on the date specified for the amount specified in the applicable contract documents, or, if no date is specified, within forty-five days of receipt of a properly completed claim or receipt of goods and services, whichever is later; or (2) for any amount that is required to be withheld under state or federal law, a check or warrant is mailed or delivered in the proper amount on the date the amount may be released under the applicable law.

Legislative History

(P.A. 84-243, S. 4; P.A. 05-95, S. 1; P.A. 15-123, S. 6.) History: Sec. 4-121a transferred to Sec. 4a-71 in 1989; P.A. 05-95 changed interest rate in Subsec. (a) from 1% per month to the monthly effective yield for the Short Term Investment Fund; P.A. 15-123 amended Subsec. (a) to change reference from Sec. 4a-73 to Sec. 4a-72, effective June 23, 2015.