The Prompt Payment Act requires payment of vendor invoices within a thirty-day period. The vendor due date will be established based on the following criteria (all of which must be met):
Acknowledge written confirmation of goods received or services completed from the receiving department..
Receipt of bona fide invoices for goods or services in the Accounting Office.
Purchase order/contract is reconciled with goods and services received by the Procurement Office.
Vendor due date will be 30 days after receipt of goods/services and invoices, whichever is received last.