255.074 Procedures for calculation of payment due dates.
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/fl/title-xviii/chapter-255/255-074A research copy — for the controlling text, always check the official state or federal source. Not legal advice.
(1)Each public entity shall establish procedures whereby each payment request received by the public entity is marked as received on the date on which it is delivered to an agent or employee of the public entity or of a facility or office of the public entity.
(2)If the terms under which a purchase is made allow for partial deliveries and a payment request is submitted for a partial delivery, the time for payment for the partial delivery must be calculated from the time of the partial delivery and the submission of the payment request.
(3)A public entity must submit a payment request to the Chief Financial Officer for payment no later than 14 days after receipt of the payment request.