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.
1. Proportion of valid & undisputed invoices paid within 30 days in accordance with regulation 113 | 78.10% |
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2. The amount of interest paid to suppliers due to a breach of the requirement in regulation 113 | £2,428.53 |
3. 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 | £658,138.79 |