A bill to provide for the payment of interest by the Federal Government on any amount due for more than thirty days to any person under the terms of a contract entered into by the Federal government and such person.

[AI summary unavailable — showing source text] Requires each Federal agency to include in each of its contracts for goods or services a provision specifying that the United States will pay interest on contract payments not paid by the thirtieth day after the agency receives a proper invoice for the goods or services.…