The countdown is based on server time, which is currently:
The "Late Filing Sanction" section of a USAC invoice outlines any late filing fees that have been charged to a company.
A late filing fee may be imposed on a company for failing to file a required FCC Form 499-A or FCC Form 499-Q. In addition, the company is also responsible for administrative charges of collection or penalties (31 U.S.C. Section 3717). The FCC may also pursue enforcement action against delinquent companies and assess costs for collection activities in addition to those imposed by USAC.
All companies that fail to file their FCC Form 499-A or FCC Forms 499-Q (if applicable) within 30 days of the due date will be assessed a late filing fee by USAC.
The late filing fee is the greater of $100 per month, or an amount computed using the rate of the U.S. prime rate (in effect on the due date of the form) plus 3.5 percent multiplied against the company's monthly contribution obligation as determined by USAC. Companies will continue to be billed late filing fees on a monthly basis for forms not submitted to USAC by the due date until such time as the form is submitted.
The exact late filing fee calculation can be found on the USAC invoice under the "Late Filing Sanction" section, usually found on page three.
In order to end the accrual of late filing fees, the company must submit the form that is due following the process for making form revisions. To dispute the late filing fees that have accrued, follow the instructions on the Billing Disputes web page.