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<p>In 2015 the Department for Business, Energy and Industrial Strategy strengthened
the Prompt Payment Code. The majority of government's 28 strategic suppliers are signatories
the Prompt Payment Code, promising to pay suppliers, including small businesses in
their supply chain, promptly and fairly. A list of these signed suppliers has been
published on <a href="http://gov.uk/" target="_blank">GOV.UK</a>. Payment practices
of those strategic suppliers who are not signatories to the Code, are regularly monitored
to ensure that they are in line with the aims of prompt payment policy.</p><p> </p><p>In
addition, all public sector buyers must have 30 day payment terms in their contracts
and through their supply chains; they must also publish their payment performance
bi-annually.</p>
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