Prompt Payment

This is the 2026 edition of the code. This is the current edition. It was last updated Aug 02, 2026. Browse all editions.

This is Article 4 of the Code of Virginia, titled “Prompt Payment.” It is part of Chapter 43 “Virginia Public Procurement Act”, which is part of Part B “Transaction of Public Business”, which is part of Subtitle II “Administration of State Government”, which is part of Title 2.2 “Administration of Government”. It contains 11 laws.

It’s comprised of the following 11 sections.

§ 2.2-4347	Definitions
§ 2.2-4348	Exemptions
§ 2.2-4349	Retainage to remain valid
§ 2.2-4350	Prompt payment of bills by state agencies
§ 2.2-4350.1	Prohibition on payment without an appropriation; prohibition on IOUs
§ 2.2-4351	Defect or impropriety in the invoice or goods and/or services received
§ 2.2-4352	Prompt payment of bills by localities
§ 2.2-4353	Date of postmark deemed to be date payment is made
§ 2.2-4354	Payment clauses to be included in contracts
§ 2.2-4355	Interest penalty; exceptions
§ 2.2-4356	Comptroller to file annual report