Public Contracts Regulations and Performance
Regulation 113 of the Public Contracts Regulations 2015 mandates that all contracting authorities must pay undisputed invoices within 30 days. If disputed invoices are not settled within this period, interest will accrue on the outstanding amount as specified in the Late Payment Legislation.
From April 2016, Regulation 113(7) requires authorities to publish the following information:
- The percentage of invoices to first-tier suppliers/prime contractors (not under dispute) paid within 30 days
- The amount of interest paid to suppliers due to late payments
- The total amount of interest that the contracting authority is liable to pay (whether or not paid) due to breaches of Regulation 113
The table below shows the Council’s performance in meeting these requirements.
| Financial Year | Percentage of Valid Invoices Paid within 30 days | Interest the Authority is liable to pay to Suppliers as a result of a breach of Regulation 113 | The Amount of Interest actually paid to Suppliers due to breach of Regulation 113 |
|---|---|---|---|
| 2016/2017 | 90% | £24,751 | £0 |
| 2017/2018 | 95% | £14,033 | £0 |
| 2018/2019 | 93% | £23,839 | £170 |
| 2019/2020 | 94% | £17,862 | £35 |
| 2020/2021 | 95% | £14,443 | £0 |
| 2021/2022 | 77% | £55,701 | £0 |
| 2022/2023 | 86% | £34,210 | £50 |
| 2023/2024 | 90% | £36,966 | £0 |
| 2024/2025 | 96% | £24,525 | £0 |