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1003692

registered interest
date	09/11/2018
answering body	Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	Treasury
hansard heading	Treasury: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask the Chancellor of the Exchequer, what proportion of contracts issued by his Department and contractors include provisions to impose, as between parties to the subcontract, that any payment due from the contractor to a subcontractor under the contract is to be made no later than the end of a period of 30 days from the date on which the relevant invoice is regarded as valid and undisputed, as required by the Public Contract Regulations 2015.
tabling member constituency	Hemsworth
tabling member printed	Jon Trickett
uin	189573
answer	answer is ministerial correction date of answer 19/11/2018 answer text <p>Through the Public Contract Regulations 2015, all public sector buyers must include 30-day payment terms in new public sector contracts; and require that this payment term be passed down the supply chain. Public sector buyers must also publish annually on their payment performance.</p><p> </p><p>Government strongly encourages businesses to report poor payment practice and instances of late payment, including late payment through the supply chain, in public sector contracts to its Mystery Shopper service. Mystery Shopper will then investigate.</p> answering member constituency Newark answering member printed Robert Jenrick question first answered 19/11/2018 13:45:41 answering member 4320 label Biography information for Robert Jenrick
tabling member	410 label Biography information for Jon Trickett

647619

registered interest
date	29/11/2016
answering body	HM Treasury
answering dept id	14
answering dept short name	Treasury
answering dept sort name	CaTreasury
hansard heading	Treasury: Billing
house id	1
legislature	25259 pref label House of Commons
question text	To ask Mr Chancellor of the Exchequer, what proportion of payments by his Department to small businesses are made on time and in accordance with the prompt payment code.
tabling member constituency	Westmorland and Lonsdale
tabling member printed	Tim Farron
uin	55439
answer	answer is ministerial correction date of answer 06/12/2016 answer text <p>HM Treasury currently does not distinguish between small and large businesses in relation to paying suppliers. The Government has a long standing policy commitment to pay 80% of undisputed invoices within 5 days, with the rest paid within 30 days. During 2015-16, HM Treasury paid 71.4% within 5 days and 97.5% within 30 days.</p> answering member constituency Brighton, Kemptown answering member printed Simon Kirby question first answered 06/12/2016 15:06:00 answering member 3929 label Biography information for Simon Kirby
tabling member	1591 label Biography information for Tim Farron