Payment performance
Under Regulation 113(7) of the Public Contracts Regulations 2015 - Payment Performance Contracting, authorities are required to publish data demonstrating compliance with the obligation to pay invoices within 30 days to first tier suppliers/prime contractors over the previous 12 months.
| Financial year | Proportion of valid & 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 (whether or not paid and whether under any statutory or other requirement), due to a breach of Regulation 113 |
| 2017-18 | 86% | £nil | £115k |
| 2016-17 | 89% | £1k | £44k |
From 2018/19 onward this has been required as a disclosure in the annual report (you will find this on pages 59-60). You can view the Annual Report here.