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Payment of Invoices within 30 days

Payment of Invoices within 30 days

Under regulation 113(7) of the Public Contracts Regulations 2015, all contracting authorities are required to publish performance data demonstrating their performance on paying invoices. The Government announced the following reporting requirements in the Budget 2015, i) 5 days and ii) 30 days, on a quarterly basis.

All interest liable, under the late payment legislation, on a quarterly basis.

 

Payment of Undisputed Invoices Paid

Financal Year Number of valid & undisputed invoices received in accordance with regulation 113 Proportion of valid & undisputed invoices paid within 30 days in accordance with regulation 113 Proportion of valid & undisputed invoices paid within 5 days in accordance with regulation 113 Total amount of liability to pay
18/19 July - Sept 1185 95.49% 45.19% NA

18/19 April - June

1116 98.60% 32.26% N/A

17/18

January - March

1150 99.12% 38.32% N/A

17/18 October - December

1101 98.73% 54.98% N/A
17/18 July - September 1070 99.48% 54.39% N/A

17/18 April - June

1129 99.29% 50.84% N/A
16/17 January - March 1269 99.16% 53.23% N/A
16/17 October - December 1092 99.10% 56.58% N/A
16/17 July - September 1019 97.31% 47.46% N/A
16/17 April - June 1209 98.87% 50.04% N/A

 

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