Missouri Revised Statutes
Chapter 34 - State Purchasing and Printing
Section 34.055 - State to pay late charges for supplies and services, when, rate — vendor to apply, exception — energy assistance program for persons of low income, recipients exempt from interest charges.

Effective - 28 Aug 2022, 2 histories
34.055. State to pay late charges for supplies and services, when, rate — vendor to apply, exception — energy assistance program for persons of low income, recipients exempt from interest charges. — 1. Except as otherwise provided in section 8.960, all invoices for supplies and services purchased by the state, duly approved and processed, shall be subject to interest charges or late payment charges as provided in this section.
2. After the forty-fifth day following the later of the date of delivery of the supplies and services or the date upon which the invoice is duly approved and processed, interest retroactive to the thirtieth day shall be paid on any unpaid balance, except balances for services provided by a gas corporation, electrical corporation, water corporation, or sewer corporation which has received authorization from the public service commission to impose late payment charges on delinquent utility bills, upon application of the vendor thereof. The rate of such interest shall be three percentage points above the average predominant prime rate quoted by commercial banks to large businesses, as determined by the Board of Governors of the Federal Reserve System.
3. The state shall be liable for late payment charges on any delinquent bill for services purchased by the state from a gas corporation, electrical corporation, water corporation, or sewer corporation which has received authorization from the public service commission to impose late payment charges on delinquent utility bills. The rate of such late payment charges shall be as established for each such corporation by order of the public service commission, but bills rendered to the state shall not be considered delinquent until thirty days after rendition of the bill by the corporation.
4. Any such interest charges or late payment charges shall be paid from appropriations which were made for the fiscal year in which the supplies or services were delivered to the respective departments purchasing such supplies or services. The commissioner of administration shall be responsible for the timely implementation of this section and all officers, departments, institutions and agencies of state government shall fully cooperate with the commissioner of administration in the implementation of this section. No late payment penalty shall be assessed against, nor payable by, the state unless pursuant to the provisions of this section.
5. Notwithstanding any other provision of this section, recipients of funds from the low-income energy assistance program shall be exempt from interest charges imposed by such section for the duration of the recipient's participation in the program.
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(L. 1985 S.B. 90, A.L. 1987 S.B. 411, A.L. 1990 S.B. 808 & 672, A.L. 2022 S.B. 758)

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Structure Missouri Revised Statutes

Missouri Revised Statutes

Title IV - Executive Branch

Chapter 34 - State Purchasing and Printing

Section 34.010 - Definitions.

Section 34.030 - Commissioner to purchase all supplies and lands — requirements for certain land purchases.

Section 34.031 - Recycled products, preference for products made from solid waste — elimination of purchase of products made from polystyrene foam — commissioner of administration, duties — report.

Section 34.032 - Recycled paper to be used, when — recyclable products to be collected by all state agencies — sale proceeds to fund utilicare.

Section 34.040 - Purchases to be made on competitive bids, when, how — standard specifications, when — exception — failure to pay taxes, effect of — reverse auctions, when — rulemaking authority.

Section 34.042 - Competitive bidding may be waived for competitive proposals, when — procedure — contract to be let to the lowest and best offeror.

Section 34.043 - Competitive bidding — waiver of permitted, when.

Section 34.044 - One source of supplies, waiver of competitive bids and proposals — rescission of waiver, when — single source exists, when — advertising waived, when.

Section 34.045 - Emergency procurement, waiver of competitive bids or proposals.

Section 34.046 - Contract directly with other governmental entities for purchase of supplies.

Section 34.047 - Information technology purchases, online bidding/vendor registration system to be used for notice, when.

Section 34.048 - General Services Administration vendors, purchase of supplies authorized.

Section 34.050 - Regulations for purchase of supplies — rules generally, promulgation, procedure.

Section 34.055 - State to pay late charges for supplies and services, when, rate — vendor to apply, exception — energy assistance program for persons of low income, recipients exempt from interest charges.

Section 34.059 - Surety bonds required for public works contracts or construction, public entity cannot require they be obtained from particular insurance or surety company.

Section 34.060 - Requests for bids on supplies and materials to be in general terms — to recite preference for Missouri products.

Section 34.070 - Preference to Missouri products and firms.

Section 34.071 - Commodities defined.

Section 34.073 - Missouri businesses, performance of jobs or services, preference, when.

Section 34.074 - Disabled veterans, state and political subdivision contracts, preference to be given, when — rulemaking authority.

Section 34.076 - Out-of-state contractors or products for public works, requirements, exceptions.

Section 34.080 - Institutions to use coal from Missouri or adjoining states, when — institution defined.

Section 34.090 - Laws requiring purchase from state institutions to be given effect.

Section 34.100 - Direct purchases and emergency purchases, when authorized, procedure.

Section 34.110 - Acceptance of gifts to state — purchase of surplus war materials.

Section 34.115 - Return of gifts made to state to donor, when, how — donation of motor vehicles to assist military veterans, return of title, when.

Section 34.120 - Departments to report supplies on hand, records of purchase.

Section 34.125 - Departments to keep inventories of nonexpendable property.

Section 34.140 - Inventory of removable equipment, when — transfer of supplies between departments, when — distribution to certain donees, definitions, procedure — sale by auction, sealed bid — sidearms and badges, who may purchase, when.

Section 34.150 - Violation by any department renders contract void — liability of head of department.

Section 34.160 - Commissioner not to be interested in concern making bids for furnishing supplies or printing — penalty for violation.

Section 34.165 - Commissioner to give bidding preference to the blind, when — authority to make rules — auditor may examine records, when.

Section 34.170 - Commissioner to purchase all state printing — exceptions.

Section 34.175 - Soybean-based ink to be used for state printing, when — logo requirement — effective when.

Section 34.180 - To determine form of printed matter — exceptions.

Section 34.190 - Determine size and number of reports to be printed.

Section 34.192 - Reports, method of preparation — minimization of volume of printed material produced.

Section 34.350 - Missouri domestic product procurement act — law, how cited — definitions.

Section 34.353 - All public agencies and political subdivisions to purchase or lease only goods or commodities produced in the United States, exceptions, procedure.

Section 34.355 - Vendor to furnish proof of compliance — misrepresentation of facts, penalty.

Section 34.359 - Treaties and law of the United States to supersede.

Section 34.363 - Listing of Missouri products, office of administration to compile and provide access — state agencies to make good faith search for Missouri companies to provide products and services.

Section 34.375 - Purchasing agents for governmental agencies to give preference to food and beverages containing higher levels of calcium, exceptions.

Section 34.376 - Citation of act — definitions.

Section 34.378 - Contingent fee contracts, limitations — written proposals, when — standard addendum — posting of contracts on website — record-keeping requirements — fees, limitation on — report, contents.

Section 34.380 - Contractual authority not expanded.

Section 34.600 - Citation of law — public entity contracts, no boycott of goods or services from Israel — definitions — violation, voiding of contract — rulemaking authority.