Quickly exit this site by pressing the Escape key Leave this site
We use some essential cookies to make our website work. We’d like to set additional cookies so we can remember your preferences and understand how you use our site.
You can manage your preferences and cookie settings at any time by clicking on “Customise Cookies” below. For more information on how we use cookies, please see our Cookies notice.
Your cookie preferences have been saved. You can update your cookie settings at any time on the cookies page.
Your cookie preferences have been saved. You can update your cookie settings at any time on the cookies page.
Sorry, there was a technical problem. Please try again.
This site is a beta, which means it's a work in progress and we'll be adding more to it over the next few weeks. Your feedback helps us make things better, so please let us know what you think.
Regulation 113 of the Public Contracts Regulations 2015 requires all contracting authorities to pay undisputed invoices within 30 days. When disputed invoice payments are not paid within this 30 day period, interest becomes payable on the outstanding amount as set out in the Late Payment Legislation.
There is a requirement under Regulation 113(7) of the Public Contracts Regulations Act 2015 that from April 2016 onwards the authority must publicise the following information:
The following table shows performance against the Regulation 113 requirement.
Financial year | Percentage of valid and undisputed invoices paid within 30 days | Total interest we are liable to pay to suppliers | Total interest paid to suppliers due to the breach |
---|---|---|---|
2022/2023 | 93% | Suppliers are able to set their own rates as per the UK legislation* | £0 |
2021/2022 | 95% | Suppliers are able to set their own rates as per the UK legislation* | £0 |
2020/2021 | 95% | Suppliers are able to set their own rates as per the UK legislation* | £0 |
2019/2020 | 94% | Suppliers are able to set their own rates as per the UK legislation* | £0 |
2018/2019 | 96% | Suppliers are able to set their own rates as per the UK legislation* | £0 |
* Late Payment of Commercial Debts (interest) Act 1998 and Late Payment of Commerical Debts Regulations 2002 (SI 2002 No 1674)