Subject Predicate Object
cdlP1it8
a
Resource
Answer
Written answer
answer has question
jMnuewZz
answer has answering person
Oliver James Dowden
answer text
<p>Large suppliers are already required by law to publish their payment records every 6 months on Gov.uk. Departments will be able to use these records as part of the assessment to ensure the criteria is met. These are published here <a href="https://www.gov.uk/check-when-businesses-pay-invoices" target="_blank">https://www.gov.uk/check-when-businesses-pay-invoices</a></p><p> </p><p>If a business is unable to demonstrate that they are meeting the core standard of paying 95% of invoices within 60 days over the previous two six month periods and cannot explain why or show evidence of significant remedial action taking place, then they may be excluded from the process and not be able to win that opportunity. Decisions will be taken on a case by case basis.</p><p> </p><p>Companies are also required to demonstrate they have procedures for resolving disputed invoices promptly, and that systems are in place to ensure those in supply chains are paid within agreed contractual terms.</p>
answer given date
answer has answering body
Cabinet Office
written answer has answering body
Cabinet Office
Cabinet Office
answering body has written answer
cdlP1it8
answering body has answer
cdlP1it8
jMnuewZz
question has answer
cdlP1it8
Oliver James Dowden
answering person has answer
cdlP1it8