The Department of General Services (DGS) recognizes the vital role suppliers to State Government Agencies play in California’s economic recovery efforts. State government must do its part to ensure suppliers are paid accordingly. Government Code (GC) Section 927 et. seq., sets forth the California Prompt Payment Act. The Prompt Payment Act requires State agencies to pay properly submitted, […]
Archive for the ‘DVBE’ Category
Late Payments for Invoices Incurred During Fiscal Year 2009/2010
Posted by admin on August 12th, 2010
New Outlandish 1099 Laws for 2011
Posted by admin on June 30th, 2010
Get your pen and pad of paper ready, 1099 paper that is. As part of the newly enacted Patient Protection and Affordable Care Act signed into law March 23, 2010, by President Obama, businesses will be required to report payments over $600 per year of goods or services made to anyone, including corporations, except entities […]