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Policy and Guidance

Cash Management

Cash Management Improvement Act (CMIA) – The Cash Management Improvement Act governs the transfer of funds between the Federal Government and States for certain Federal assistance programs.

Prompt Pay Act - The Prompt Pay Act requires Executive Departments and Agencies to pay commercial obligations within certain time periods and to pay interest penalties when payments are late.

Prompt Pay Statistics for HHS

FY 2004

FY 2003

FY 2002

FY 2001

FY 2000

CMIA and Prompt Pay Resource Links

Note - When you click on the following links you will leave the Office of Finance website.

Department of Treasury CMIA Homepage

Department of Treasury Prompt Pay Act Homepage

Last revised: April 19, 2005

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