Regulation 113(7) of the Public Contracts Regulations 2015 (and as set out in Procurement Policy Note 03/16 issued by Crown Commercial Services) introduced the following publication requirements:
*Invoices deemed valid and undisputed.
|i) Proportion of valid & undisputed invoices paid within 30 days in accordance with regulation 113||78.36%|
|ii) The amount of interest paid to suppliers due to a breach of the requirement in regulation 113||Currently we are unable to identify any payments which have been made specifically as interest due to breach of the requirement in regulations 113.|
|iii) The amount of interest that the Authority was liable to pay though not necessarily paid to suppliers due to a breach of the requirement in regulation 113||£401,505.98|