Prompt Payment Interest Report: State Fiscal Year 2013-14, May 2014
In 2013-14, vendors were paid interest totaling $1,714,825 representing an increase of $837,466 above the prior year.
Procurement
Prompt Payment Interest Report: State Fiscal Year 2014-15, May 2015
In the 2014-2015 fiscal year, State agencies paid interest totaling $1,525,112 representing a decrease of $189,713 from the prior year.
Prompt Payment Interest Report: State Fiscal Year 2015-16, May 2016
In the 2015-2016 fiscal year, State agencies paid interest totaling $1,462,835, representing a decrease of $62,277 from the prior year.
Prompt Payment Interest Report: State Fiscal Year 2016-17, May 2017
In the 2016-2017 fiscal year, State agencies paid interest totaling $1,536,275, representing an increase of $73,440 from the prior year.
Prompt Payment Interest Report: State Fiscal Year 2017-18, May 2018
This report identifies the number of late payments, the number of days to process late payments, the amount of interest paid and the reasons for the delays.
Prompt Payment Interest Report: State Fiscal Year 2018-19, May 2019
In order to ensure contractors doing business with New York State are paid timely, Article 11-A of State Finance Law prescribes timeframes for agencies to prepare and submit vouchers to the Office of the State Comptroller (OSC) for review and approval before payment.
Prompt Payment Interest Report: State Fiscal Year 2019-20, May 2020
In order to ensure contractors doing business with the New York State are paid timely, Article 11-A of State Finance Law prescribes timeframes for agencies to prepare and submit vouchers to the Office of the State Comptroller (OSC) for review and approval before payment.