Is there a time limit for a vendor to submit an invoice for payment against the GCPC?
There is no "statutue of limitations" so to speak on valid invoices. If the government ordered and then received the required supply or service, it is obligated to pay, even it the invoice is not submitted timely. However, before just paying, the Government must validate it is a valid invoice that it wasn't previously paid. That validation would include verifying that the supply or service that was ordered was received and accepted. You will also want to ensure that there is no other litigation or mitigating circumstances that prevented payment to the requesting party; for example was a division of the company bought and the contract liability became part of the new company and paid to that company?. Some of this information can be difficult to verify on an aged invoice, but they are necessary steps prior to payment.
Open full Question Details