4. Invoices paid within 30 days
In accordance with Regulation 113 of the Public Contracts Regulations 2015, the Council is required to publish performance data in respect of undisputed invoice payment. Local authorities must pay their invoices within 30 calendar days following receipt of the invoice. Those paid over 30 days are deemed late payments.
Financial Year |
Proportion of invoices paid within 30 days |
Total amount of interest liability due to late payments |
Total amount of interest paid to suppliers due to late payments |
---|---|---|---|
2016/17 | 93.64% | £12,458.95 | £0 |
2017/18 | 91.76% | £15,658.12 | £0 |
2018/19 | 94.46% | £17,934.83 | £20 |
2019/20 | 95.09% | £13,879.93 | £0 |
2020/21 | 97.44% | £125.94 | £0 |
2021/22 | 93.04% | £17,348.19 | £859.91 |