Regulation 113(7) of the Public Contracts Regulations 2015
Regulation 113 of the Public Contract Regulation Act 2015 requires all contracting authorities to pay undisputed invoices within 30 days. When undisputed 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 Council’s performance against this requirement.
| Financial Year | Percentage of undisputed invoices paid within 30 days | Interest we are potentially* liable to pay in relation to late payment charges | Interest actually paid to suppliers in relation to late payment charges |
| 2024 to 25 | 95% | £204,587 | £0 |
*Please note for the purpose of this exercise we are unable to differentiate invoices that may have been in dispute.
Data will be published annually, in line with the publication of the Council’s Statement of Accounts.