In accordance with regulation 113 of the Public Contracts Regulations 2015, please see the information below on Croydon Council's prompt payment performance.
Financial Year |
Percentage of valid and undisputed invoices paid within 30 days in accordance with regulation 113 |
The amount of interest paid to suppliers due to a breach of the requirement in regulation 113 |
The amount of interest liable to be paid to suppliers due to a breach of the requirement in regulation 113 |
---|---|---|---|
2021/22 |
95.80% | Nil | £250,103.98 |
2020/21 |
91.6% | £2,027.89 | £720,920.39 |
2019/20 |
78.9% |
£17,701.35 | £834,688.46 |
2018/2019 |
84.10% |
£3194.46 |
£487,301 |
2017/18 |
86.89% |
£4459.06 |
£391,143 |
2016/17 |
87.70% |
£3748.64 |
£379,449 |
2015/16 |
84.78% |
£602.30 |