UWSP Payment Services


Prompt Pay Law - Interest Penalties

The UW System must pay interest on its invoices not paid or disputed within 30 days (earlier if required for a specific commodity by statute or contract) after receipt of a properly completed invoice or receipt and acceptance of the property or service (whichever is later).

Please forward invoices PROMPTLY to Payment Services to avoid payment of interest charges.

See the Policies below for more information:

Prompt Pay Interest Penalty - Pre-Audit Manual

Prompt Payment Policy - State Procurement Manual

Wisconsin Statutes 16.528; 16.53(2); 16.53(11); 16.71(1)

Questions: E-mail Payment Services or call ext. 2052.