Regulation 113 of the Public Contracts Regulations 2015 requires all contracting authorities to pay undisputed invoices within 30 days. When disputed invoice payments are not paid within this 30-day period, interest becomes payable on the outstanding amount as set out in the Late Payment Legislation
The following table demonstrates the Authority’s performance against this requirement:
Financial Year | Percentage of Valid Invoices Paid within 30 days | The Amount of Interest actually paid to Suppliers due to breach of Regulation 113 |
2023/24 | 97% | £0 |
2024/25 | 97% | £88.64 |
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