Public Contract Regulation
Public Contracts Regulations Act 2015 – Regulation 113
By law we must pay valid and undisputed invoices within 30 days. Suppliers can claim statutory interest for any undisputed payments made more than 30 days after receipt of the invoice.
Details by financial year
2023/24
- Percentage of invoices paid within 30 days: 82.37%
- Total amount of interst liable: £92,771.03
- Total amount of interest paid: £297.00
2022/23
- Percentage of invoices paid within 30 days: 79.43%
- Total amount of interst liable: £182,349.47
- Total amount of interest paid: £1,309.02
2021/22
- Percentage of invoices paid within 30 days: 74.27%
- Total amount of interst liable: £203,214.61
- Total amount of interest paid: £4,591.12
2020/21
- Percentage of invoices paid within 30 days: 79.45%
- Total amount of interest liable: £73,959.40
- Total amount of interest paid: £0.00
2019/20
- Percentage of invoices paid within 30 days: 95.27%
- Total amount of interest liable: £3194.80
- Total amount of interest paid: £0.00
2018/19
- Percentage of invoices paid within 30 days: 98.26%
- Total amount of interest liable: £530.54
- Total amount of interest paid: £0.00
2017/18
- Percentage of invoices paid within 30 days: 97.68%
- Total amount of interest liable: £1,688.08
- Total amount of interest paid: £0.00
2016/17
- Percentage of invoices paid within 30 days: 96.82%
- Total amount of interest liable: £3,043.93
- Total amount of interest paid: £0.00
2015/16
- Percentage of invoices paid within 30 days: 97.74%
- Total amount of interest paid: £0.00