The Ordre des Architectes is pleased to announce a significant new resource for professionals engaged in public procurement: a simulator for calculating late payment interest (intérêts moratoires). This valuable tool, made available on their official website on July 18th, 2025, aims to simplify and clarify the often complex process of determining appropriate compensation for delayed payments in public contracts.
This initiative by the Ordre des Architectes underscores their commitment to supporting architects and ensuring fair practices within the sector. Late payment interest is a crucial mechanism designed to compensate contractors for the financial impact of delayed payments, reflecting the cost of money and potential lost investment opportunities. However, the calculation of these interest rates can be intricate, involving specific legal frameworks and fluctuating benchmark rates.
The newly launched simulator provides a user-friendly platform where architects and other stakeholders can accurately calculate the applicable late payment interest. By inputting relevant information such as the contract value, payment delay period, and applicable legal rates, users can efficiently obtain a precise calculation. This will undoubtedly streamline administrative processes and reduce the potential for disputes related to payment delays.
The availability of this simulator is particularly timely. In an environment where efficient cash flow management is paramount for the sustainability of architectural practices, understanding and correctly claiming late payment interest is essential. This tool empowers architects with greater transparency and control over their financial dealings within public projects.
The Ordre des Architectes encourages all professionals involved in public markets to explore and utilize this new simulator. It represents a significant step forward in simplifying a key aspect of public procurement and ensuring that architects receive fair compensation for their work, even in cases of delayed payments. Further details and access to the simulator can be found on the Ordre des Architectes’ news portal at the provided link.
Nouveau : simulateur de calcul des intérêts moratoires pour les marchés publics
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Ordre des architectes published ‘Nouveau : simulateur de calcul des intérêts moratoires pour les marchés publics’ at 2025-07-18 07:46. Please write a detailed article about this news in a polite tone with relevant information. Please reply in English with the article only.