Late payment to suppliers

In accordance with this regulation suppliers have the right to claim compensation from the Authority if payments are late.

The Public Contracts Regulations 2015 –Part 4 Miscellaneous Obligations Chapter 9 

This regulation states that any payment due from the contracting authority to the contractor is to be made no later than the end of a period of 30 days from the date on which the contracting authority completes any process of verification that the invoice is valid and undisputed.

In accordance with this regulation suppliers have the right to claim compensation from the Authority if payments are late.  

See the data below which identifies the required statistics in relation to this regulation. 
 

2022/2023 Pre verification process based on invoice date Post verification process based on received for processing date
Percentage of invoices paid within 30 days 95.53% 98.89%
Interest (£'s) paid to suppliers £600 £600
Interest (£'s), whether or not claimed, liable to be paid to suppliers £448,720 £98,240
Number of Invoices not paid within 30 days 615 153

If you feel you have a claim against the Authority relating to the late payment of an invoice under this regulation then please put your claim in writing, providing full details and supporting evidence, to the Director of Resources and S151 Officer, Town Hall, Maidenhead, SL6 1RF.

For further information, please contact us:
Address

Stephen Evans
Finance Team
Royal Borough of Windsor and Maidenhead
Town Hall
St Ives Road
Maidenhead
SL6 1RF
United Kingdom