Defense contractors who work with small businesses could be getting paid sooner. Sens. Ben Cardin (D-Md.) and Mike Enzi (R-Wyo.) introduced a bill requiring DoD agencies to pay small prime contractors within 15 days of receiving an invoice. Current law requires the agency to pay within 30 days. The bill would also apply to large prime contractors working with small subcontractors. The senators attached the bill as an amendment to the House version of the National Defense Authorization Act. (Sen. Mike Enzi)
Source: Senate bill calls for small defense contractors getting paid quicker – FederalNewsRadio.com
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