DOF Says Outstanding Vendor Payments Total $36 Million; McCurdy Defends Finance Against Some Late-Payment Claims

Outstanding vendor payments across the Government of the Virgin Islands total $36 million, but Department of Finance Commissioner Kevin McCurdy told lawmakers Tuesday that delays are not always caused by his department, citing late invoice submissions by vendors and agencies as a recurring problem. Mr. McCurdy appeared before the Committee on Budget, Appropriations, and Finance to present the Department of Finance’s fiscal year 2027 budget request. During the hearing, questions again turned to tardy vendor payments, one of the persistent issues raised whenever the department appears before the Legislature. According to Mr. McCurdy, $16 million of the $36 million in outstanding vendor payments is tied to invoices older than 90 days. However, he said a significant portion of the delay begins before those invoices reach Finance. “49% of our invoices are submitted after 30 days,” Mr. McCurdy said. Invoices submitted after 30 days are considered “late.” “It may come in today, and it's a...