Utah § 63G-6a-1910 Interest rates.

Utah Statutes

§ 63G-6a-1910 — Interest rates.

Utah § 63G-6a-1910

Title 63GGeneral Government

Ch. 63G-6aUtah Procurement Code

Part 63G-6a-19General Provisions Related to Protest or Appeal

This text of Utah § 63G-6a-1910 (Interest rates.) is published on Counsel Stack Legal Research, covering Utah primary law. Counsel Stack provides free access to over 12 million legal documents including statutes, case law, regulations, and constitutions.

Bluebook

Utah Code Ann. § 63G-6a-1910 (2026).

Text

(1)In controversies between a procurement unit and a contractor under this chapter, interest on amounts ultimately determined to be due to a contractor or the procurement unit are payable at the rate applicable to judgments from the date the claim arose through the date of decision or judgment, whichever is later.

(2)Unless otherwise specified in a lawful contract between a procurement unit and the person making a bond claim against the procurement unit, the interest rate applicable to the bond claim is the rate described in Subsection 15-1-1(2).

(3)This section does not apply to public assistance benefits programs.

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(1) In controversies between a procurement unit and a contractor under this chapter, interest on amounts ultimately determined to be due to a contractor or the procurement unit are payable at the rate applicable to judgments from the date the claim arose through the date of decision or judgment, whichever is later.
(2) Unless otherwise specified in a lawful contract between a procurement unit and the person making a bond claim against the procurement unit, the interest rate applicable to the bond claim is the rate described in Subsection 15-1-1(2).
(3) This section does not apply to public assistance benefits programs.