48 CFR · Federal Acquisition Regulation and Defense supplement

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The codified text (eCFR, as of 2026-10-02). Under the Revolutionary FAR Overhaul ↗, agencies follow class deviations with new text for many parts while the formal rules go through the Federal Register: check the solicitation and your contract's clauses, which rule.

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7 sections with “Simple interest”

  • FAR 33.208 Interest on claims.
    …2) Payment otherwise would be due, if that date is later, until the date of payment. (b) Simple interest on claims shall be paid at the rate, fixed by the Secretary of the Treasury as provided in the Disputes statute, which is applicable t…
  • FAR 52.232-17 Interest.
    …ts that become payable by the Contractor to the Government under this contract shall bear simple interest from the date due until paid unless paid within 30 days of becoming due. The interest rate shall be the interest rate established by t…
  • FAR 52.212-4 Contract Terms and Conditions—Commercial Products and Commercial Services.
    …ts that become payable by the Contractor to the Government under this contract shall bear simple interest from the date due until paid unless paid within 30 days of becoming due. The interest rate shall be the interest rate established by t…
  • FAR 52.233-1 Disputes.
    …st shall be paid from the date that the Contracting Officer initially receives the claim. Simple interest on claims shall be paid at the rate, fixed by the Secretary of the Treasury as provided in the Act, which is applicable to the period …
  • FAR 52.242-3 Penalties for Unallowable Costs.
    …ty equal to— (1) The amount of the disallowed cost allocated to this contract; plus (2) Simple interest, to be computed— (i) On the amount the Contractor was paid (whether as a progress or billing payment) in excess of the amount to whic…
  • FAR 12.403 Termination.
    …ufficient documentation to support payment to the contractor against the goal of having a simple and expeditious settlement.
  • FAR 33.103 Protests to the agency.
    …frank discussions. (c) The agency should provide for inexpensive, informal, procedurally simple, and expeditious resolution of protests. Where appropriate, the use of alternative dispute resolution techniques, third party neutrals, and ano…

FAR (chapter 1)

DFARS (chapter 2, Defense)

Source: eCFR, 48 CFR chapters 1 and 2 (GPO GovInfo bulk data) ↗. Rule changes in progress: FAR, DFARS. Terms: glossary.