Payment Schedules

News & Analysis as of

Procurement Pulse - March 2015: Update 2

Guidance to be read in conjunction with the Public Contracts Regulations, 2015 (PCR'15) is being issued thick and fast. We reported the new requirements for advertising below threshold contracts on Contracts Finder in the...more

Show me the money! – New rules on disclosing invoice payment practices

The Government has confirmed it intends to require large publicly-traded companies to publish extensive details on their practices and policies for paying invoices....more

Getting Paid On Time: The Prompt Pay Act

Contractors in Maryland have available statutory remedies for non-payment. The Maryland Code contains a Prompt Pay Act (the “Act”). Md. Code Ann., Real Prop. § 9-301 et seq. (Repl. Vol. 2010). The Act entitles a contractor...more

Tennessee Employers Beware—Make Sure You Are Paying Your Employees On Time

Tennessee requires employers to comply with several requirements when it comes to paying employees their wages. Most of these requirements are set out in the Tennessee wage payment statute. Employers are required to maintain...more

Important Contract Clauses For Subcontractors And Suppliers

Because of time constraints and the desire to get the business, subcontractors and suppliers routinely sign lengthy subcontracts and master service agreements without closely reading the terms and conditions. ...more

IOM Committee Releases Interim Findings on Geographic Value Index

On March 22, 2013, the Institute of Medicine Committee on Geographic Variation in Health Care Spending and Promotion of High-Value Care (IOM Committee) released an interim report analyzing a potential Medicare payment policy,...more

CMS Issues Final Rule on Increased Federal Medical Assistance Percentage Changes

CMS has posted a final rule regarding increased federal medical assistance percentage (FMAP) changes for payments for certain Medicaid populations and is simultaneously seeking comment on selected provisions of the final rule...more

Senate Casts Votes on Wage Index Policy

On March 22, 2013, the Senate cast a duo of votes on the wage index issue during a series of votes on the budget resolution. The two votes related to Section 3141 of the Affordable Care Act (ACA), which critics have dubbed...more

MedPAC Release Payment Reduction Proposals

On March 15, 2013 MedPAC issued its Report to Congress recommending for 2014 only a one-percent payment update to hospital inpatient and outpatient prospective payments, and no payment update for skilled nursing facilities,...more

Catching Up with Winding Down: The Status of California Redevelopment Successor Agencies

Successor agencies to California’s dissolved Redevelopment Agencies (“RDAs”) continue to wind down the operations of the former RDAs under the supervision of oversight boards pursuant to Assembly Bill X1 26 (“AB 26”) as...more

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