Annual performance of payments
In line with the Public Contracts Regulations 2015, we are required to publish data of our performance over the financial year which we publish at the end of each financial year.
The data will demonstrate our performance on paying in 30 days to first tier suppliers and prime contractors over the previous 12 months.
| Financial year | Percentage of invoices paid within 30 days | Interest (£'s) actually paid to suppliers | Interest (£'s) liable to be paid to suppliers | Number of invoices not paid within 30 days |
|---|---|---|---|---|
| 2017 to 2018 | 88.21% | £0.00 | £1,045,859.48 | 38,469 |
| 2018 to 2019 | 89.86% | £0.00 | £1,540,753.01 | 39,540 |
| 2019 to 2020 | 89.43% | £0.00 | £1,446,498.36 | 43,224 |
| 2020 to 2021 | 91.25% | £0.00 | £1,374,131.27 | 36,250 |
| 2021 to 2022 | 90.66% | £0.00 | £1,189,138.00 | 41,810 |
| 2022 to 2023 | 92.22% | £20,331.18 | £842,354.19 | 36,712 |
| 2023 to 2024 | 91.72% | £54,591.64 | £1,693,567.29 | 42,982 |
| Total | - | £74,922.82 | £9,132,301.60 | 278,987 |