When is payment due under a Compromise Settlement Agreement (CSA)?
After the Compromise Settlement Agreement package is received by the Commission from the defendants and reviewed by the Executive Secretary’s Office for fairness and equitableness to the parties and compliance with all statutory and rule provisions, an Order approving the CSA may be issued. Once the notice of the Order is received by the defendants, the defendants must issue payment to the plaintiff within 10 days. Therefore, the payment is due within 10 days from notice of the Order. If the payment is not issued within 14 days after the date the payment was due (24 days total from receipt of the notice), then the payment is subject to a 10% late payment penalty.
