14-3-1 Payment of interest by the state on contracts when final payment is delayed
14-3-2 Approving authority
14-3-3 Source of funds for payment of interest

Terms Used In West Virginia Code > Chapter 14 > Article 3 - Interest On Public Contracts

  • Appropriation: The provision of funds, through an annual appropriations act or a permanent law, for federal agencies to make payments out of the Treasury for specified purposes. The formal federal spending process consists of two sequential steps: authorization
  • Contract: A legal written agreement that becomes binding when signed.