Under section 113 (7) of The Public Contracts Regulations 2015 there's a requirement for contracting authorities to publish the percentage of invoices paid in accordance with the section together with the total amount of interest actually paid.
Terms used in the table
- Paid: proportion of valid and undisputed invoices paid within 30 days in accordance with regulation 113
- Interest paid to suppliers: amount of interest paid to suppliers due to a breach of the requirement in regulation 113
- Interest calculated: amount of interest calculated due to a breach of the requirement in regulation 113
| Financial year | Paid | Interest paid to suppliers | Interest calculated |
|---|---|---|---|
| 2023 to 2024 | 90.86% | 0 | £859,259 |
| 2022 to 2023 | 85.21% | 0 | £595,581 |
| 2021 to 2022 | 93.33% | 0 | £307,378 |
| 2020 to 2021 | 85.95% | 0 | £908,477 |
| 2019 to 2020 | 81.00% | 0 | £815,742 |
| 2018 to 2019 | 80.30% | £9,097.73 | £890,307 |
| 2017 to 2018 | 78.50% | 0 | £878,688 |
| 2016 to 2017 | 77.13% | 0 | £1,540,001 |