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.
From March 2017 following a transition period, we have been required to publish 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 regulation 113 for the previous 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.
|Financial Year||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 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 regulation 113 £|