Supplier Invoice Payment Performance - Public Contracts Regulations 2015 (Reg. 113)

In accordance with the Public Contracts Regulations 2015 (Regulation 113); Cornwall Council publishes performance data for the financial year ending 31 March for payment of valid and undisputed Supplier Invoices within 30 days.

This statutory requirement supersedes the Councils former payment performance criteria and will be published on an annual basis for the previous financial year:

Financial   Year

Proportion   of valid and undisputed* Invoices paid within 30 days

Amount   of identified interest paid to suppliers due to breach of requirement

2016/17

90.30%

£0.00

2015/16

90.50%

£0.00

 

*Invoices imported to the council’s finance system from other council systems which have been disputed cannot currently be identified. Therefore all internally imported invoices are included in payment performance figures.