Public Contract Regulations 2015 – Council of the Isles of Scilly Annual Payment Performance
|
Financial Year |
Proportion of undisputed* Invoices paid within 30 days |
Value of interest** liability of Invoices paid after 30 days |
Value of identified interest in relation to late payment charges paid to suppliers |
|---|---|---|---|
|
2020/21 |
98.63% |
Negligible |
£0.00 |
|
2019/20 |
97.87% |
£85.21 |
£0.00 |
|
2018/19 |
96.97% |
Negligible |
£0.00 |
|
2017/18 |
NDA |
NDA |
NDA |
|
2016/17 |
NDA |
NDA |
NDA |
|
2015/16 |
NDA |
NDA |
NDA |
NDA – No Data Available.
*The Council maintains a target to enter all Supplier Invoices onto its finance system within 3 working days of receipt to its Accounts Payable Team. To identify disputed (or copy) Invoices; all imported and non-imported Invoices entered onto the council’s finance system 30 or more days from the Invoice Date have been excluded from the figures published above.
** Interest calculated at 8% plus Bank of England Base Rate for Financial Year