18 CFR § 1308.5 - Interest.

---
identifier: "/us/cfr/t18/s1308.5"
source: "ecfr"
legal_status: "authoritative_unofficial"
title: "18 CFR § 1308.5 - Interest."
title_number: 18
title_name: "Conservation of Power and Water Resources"
section_number: "1308.5"
section_name: "Interest."
chapter_name: "TENNESSEE VALLEY AUTHORITY"
part_number: "1308"
part_name: "CONTRACT DISPUTES"
positive_law: false
currency: "2026-03-24"
last_updated: "2026-03-24"
format_version: "1.1.0"
generator: "[email protected]"
authority: "Tennessee Valley Authority Act of 1933, as amended, 16 U.S.C. 831-831dd; Contract Disputes Act of 1978, 92 Stat. 2383-2391."
regulatory_source: "44 FR 29648, May 22, 1979, unless otherwise noted. Redesignated at 44 FR 30682, May 29, 1979."
cfr_part: "1308"
---


# 1308.5 Interest.

TVA shall pay a Contractor interest on the amount found to be due on a claim:

(a) From the date payment is due under the contract or the Contracting Officer receives the claim, whichever is later, until TVA makes payment;

(b) At the rate payable pursuant to section 12 of the Act on the date from which interest runs pursuant to paragraph (a) of this section.