§ Mr. NichollsTo ask the Secretary of State for Defence what requirements are placed upon main contractors to the Ministry of Defence to make timely payments to subcontractors.
§ Mr. FreemanThe following term has been included in MOD contracts on main contractors since March 1992.
Where the contractor enters a subcontract with a supplier or contractor for the purpose of performing the contract, he shall cause a term to be included in such subcontract which requires payment to be made to the supplier of contractor within a specified period not exceeding 30 days from receipt of valid invoice as defined by the subcontract requirements.