Interest on amounts ultimately determined to be due to a contractor or Guam shall be payable at the statutory rate applicable to judgments from the date the claim arose through the date of decision or judgment, whichever is later.

105

COL 7/27/2023

5 Guam Code Ann. GOVERNMENT OPERATIONS
CH. 5 GUAM PROCUREMENT LAW

SOURCE: GC § 6977. MPC § 9-301.

2023 NOTE: Reference to “”Territory”” replaced with “”Guam”” pursuant to
1 Guam Code Ann. § 420.

2007 COMMENT: See 18 Guam Code Ann. § 47106 (Legal Rate of Interest).

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SUBARTICLE D
WAIVER OF SOVEREIGN IMMUNITY; LIMITATIONS ON
ACTIONS