Late payment occurs when the sums due to the creditor, who has fulfilled his legal and contractual obligations, are not paid by the contracting authority on the due date stipulated in the contract or on expiry of the payment period.
Home | French Legislation Articles | French Public procurement code | Legislative part | PART TWO: PUBLIC PROCUREMENT | Book I: GENERAL PROVISIONS | Title IX: PERFORMANCE OF THE CONTRACT | Chapter II: Invoicing and payment arrangements | Section 2: Payment terms | Subsection 2: Interest on arrears, flat-rate compensation and additional compensation for recovery costs | Article L2192-12 of the French Public procurement code
Late payment occurs when the sums due to the creditor, who has fulfilled his legal and contractual obligations, are not paid by the contracting authority on the due date stipulated in the contract or on expiry of the payment period.
Le retard de paiement est constitué lorsque les sommes dues au créancier, qui a rempli ses obligations légales et contractuelles, ne sont pas versées par le pouvoir adjudicateur à l’échéance prévue au marché ou à l’expiration du délai de paiement.
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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is a Registered Trademark of
PETROFF LAW FIRM (SELARL LEGASTRAT)
182, rue de Rivoli
75001, Paris France
RCS Paris n°814433470
Paris Bar Registration n° (Toque) C2396
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