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<p>Government policy is to pay 80% of undisputed supplier invoices within a 5 day target, with the remaining to be paid within 30 days, as required by the Public Contracts Regulations</p><p>In October 2018, the government announced the ambition that all departments commit to paying 90% of undisputed invoices from SMEs within 5 days. Officials are working with departments to explore how finance systems are able to accomplish this</p><p>Departments are required to publish their prompt payment performance on a quarterly basis on GOV.UK.</p> |