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Invoice payment performance

Payment performance in line with the Public Contracts Legislation 2015

All contracting authorities are required to publish annual performance data demonstrating their performance on paying invoices in 30 days to first tier suppliers /prime contractors over the previous 12 months. The data will show:

  1. Percentage of invoices paid within 30 days
  2. The amount of interest paid to suppliers due to late payment.
  3. The total amount of interest that the contracting authority was liable to pay, i.e. whether or not paid, whether statutory or otherwise, due to a breach of the Regulations.

 

Public contracts legislation payments data

Financial year and quarter

Proportion of valid and undisputed invoices paid within 30 days in accordance with regulation 113

The amount of interest paid to suppliers due to a breach of the requirement in regulation 113*

The amount of interest that the contracting authority was liable to pay, ie whether or not paid, whether statutory or otherwise, due to a breach of the Regulations

2016/17 Q1

96%

£0

£21,269

2016/17 Q2

97%

£0

£30,520

2016/17 Q3

98%

£0

£14,684

2016/17 Q4

98%

£0

£13,543

2016/17 Total

97%

£0

£80,015

2017/18 Q1

98%

£0

£15,388

2017/18 Q2

97%

£0

£5,406

2017/18 Q3

99%

£0

£5,160

         

* The council is introducing a process to better identify interest paid relating to late payments for the 2018/19 financial year.

Our commitment to prompt payment

The Council is particularly committed to the support of small businesses by paying them promptly.  During 2016/17 92% of payments to small businesses were paid within 10 days.

 

 

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Last updated: 26 January 2018

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