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Article L3133-10 of the French Public procurement code

Contracting authorities, including where they act as contracting entities, shall pay the sums due in principal under a concession contract within a period provided for therein or, failing that, within a period laid down by regulation, which may differ according to the category of contracting authority.Where a period for payment is provided for in the concession contract, it may not exceed the period laid down by regulation.

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Article L3133-13 of the French Public procurement code

Late payment shall give rise, under the conditions set out in this sub-section, to interest on arrears, a fixed indemnity and, where applicable, additional compensation paid to the creditor by the contracting authority.From the day following the expiry of the payment period or the due date set out in the concession contract, late payment shall give rise, ipso jure and without further formality, to interest on arrears, the rate of…

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Article L3133-14 of the French Public procurement code

The public undertakings defined in II of Article 1 of Order no. 2004-503 of 7 June 2004 transposing Directive 80/723/EEC on the transparency of financial relations between Member States and the contracting entities mentioned in 2° and 3° of Article L. 1212-1 are liable to an administrative fine of up to two million euros for exceeding the maximum payment period set by the regulations referred to in article L. 3133-10,…

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