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Payments to Suppliers (Public Contracts Regulations 2015)

The Public Contracts Regulations 2015 requires authorities to publish information on the proportion of invoices paid within 30 days in accordance with Regulation 113

The new regulations require authorities to start publishing performance over the financial year 2015/2016  and then annually at the end if each financial year.

The Council's performance is published below.  This relates to all valid and undisputed invoices received from suppliers paid within 30 days paid within the relevant financial year.  

Additional Information: Please note that the proportion of invoices not paid within 30 days, includes a number that were not paid late in accordance with supplier terms which were longer 30 days.    

Invoices Paid within 30 days in accordance with Regulation 113

Financial YearProportion of valid and undisputed invoices paid within 30 days in accordance with regulation 113The amount of interest paid to suppliers due to late payment.
2016/201792%1.06
2015/201695%0.57

 

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