Commonwealth Bill Paying Policy
The Commonwealth's Bill Paying Policy is established by the Office of the Comptroller. This document outlines the Commonwealth's Bill Paying Policy and general payment policies that apply to the expenditure of Commonwealth Funds by Commonwealth departments.
Prompt Payment Discounts
Most Statewide Contracts have Prompt Payment Discount (PPD terms. These discounted prices are based on the assumption that departments will pay their bills more quickly in order to receive lower prices. Contractors benefit from PPD by increased, more readily available cash flow as a result of fast and efficient payments for commodities delivered or services rendered.
The $ave$mart Program is a partnership between OSD and Statewide Contactors. The purpose of the program is to create additional cost savings opportunities for all eligible entities utilizing Statewide Contracts as well as to increase sales for statewide contractors. These opportunities might come in the form of price reductions for a limited time on a Statewide Contract for specific items, free or reduced cost training and/or aggregate purchasing opportunities. To participate in the program, statewide contractors should contact their OSD Procurement Manager.
VendorWeb is a web application through which Commonwealth vendors may view their payment transactions with Commonwealth of Massachusetts departments. On VendorWeb, you will find information on both scheduled payments and payment history. To use VendorWeb, you must know your vendor/customer code or the last 4 numbers of your Taxpayer Identification Number (TIN). Your vendor code can be found on your signed copy of the Standard Contract form. If you do not know your Vendor/Customer code, please contact your OSD Procurement Manager.
If you would like more detailed information about the state procurement process, please refer to the Commonwealth's Procurement Information Center.