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
19/20 July - September 1234 99.30% 28.93% Zero

19/20 April - June

1071 96.33% 24.65% Zero
18/19 January - March 1223 98.57% 26.08% Zero
18/19 October - December  1133 99.54% 51.99% Zero
18/19 July - Sept 1185 95.49% 45.40% Zero

18/19 April - June

1116 98.60% 32.26% Zero

17/18

January - March

1150 99.12% 38.32% Zero

17/18 October - December

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

17/18 April - June

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