Statutes, codes, and regulations
General Laws of Rhode Island
Title 42 - STATE AFFAIRS AND GOVERNMENT
Chapter 42-11.1 - PROMPT PAYMENT BY DEPARTMENT OF ADMINISTRATION
Section 42-11.1-8 - Exclusion of interest from reimbursement rates

R.I. Gen. Laws § 42-11.1-8

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Current through 2024 Public Law 457
Section 42-11.1-8 - Exclusion of interest from reimbursement rates

Any interest paid to a contractor under the provisions of this chapter shall not be included as revenue for the purposes of determining any reimbursement rates applicable to the contractor.

R.I. Gen. Laws § 42-11.1-8

P.L. 1987, ch. 73, § 1.