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NASA Ball NASA
Procedural
Requirements
NPR 9630.1
Effective Date: July 10, 2017
Expiration Date: November 10, 2022
COMPLIANCE IS MANDATORY FOR NASA EMPLOYEES
Printable Format (PDF)

Subject: Accounts Payable and Disbursements

Responsible Office: Office of the Chief Financial Officer


| TOC | Preface | Chapter1 | Chapter2 | Chapter3 | Chapter4 | Chapter5 | Chapter6 | Chapter7 | Chapter8 | Chapter9 | Chapter10 | Chapter11 | Chapter12 | Chapter13 | AppendixA | AppendixB | AppendixC | ALL |

Chapter 6 Discounts

6.1 Discount Requirements

6.1.1 NASA should take economically justified discounts offered by vendors, whether stipulated in the contract or offered on an invoice, but only after acceptance has occurred.

6.1.2 Calculating the Discount. The Treasury BFS Web site offers a discount calculator that NASA should use to determine whether or not to accept the discount.

6.1.2.1 If NASA takes a discount after the deadline, the Agency will pay an interest penalty on any amount remaining unpaid as prescribed in 5 CFR § 1315.10(a)(6).

6.2 Payment Date

6.2.1 Payment date. When a discount is taken, payment will be made as close as possible to, but no later than, the discount date.

6.2.2 Start date. The period for taking the discount is calculated from the date placed on the proper invoice by the vendor. If there is no invoice date on the invoice by the vendor, the discount period will begin on the date a proper invoice is actually received and date stamped or otherwise annotated by the designated Agency office.



| TOC | Preface | Chapter1 | Chapter2 | Chapter3 | Chapter4 | Chapter5 | Chapter6 | Chapter7 | Chapter8 | Chapter9 | Chapter10 | Chapter11 | Chapter12 | Chapter13 | AppendixA | AppendixB | AppendixC | ALL |
 
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This document does not bind the public, except as authorized by law or as incorporated into a contract. This document is uncontrolled when printed. Check the NASA Online Directives Information System (NODIS) Library to verify that this is the correct version before use: https://nodis3.gsfc.nasa.gov.