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<p>The Government should set a strong example by paying subcontractors promptly. Our
commitment is to pay 90% of undisputed and valid invoices from small and medium-sized
enterprises within 5 days and 100% of all undisputed and valid invoices within 30
days. Government departments are required to report their performance against these
payment targets on a quarterly basis on <a href="http://www.gov.uk" target="_blank">GOV.UK</a>.</p><p>Through
the Public Contract Regulations 2015, 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. Since 1 September 2019, suppliers risk being excluded from
winning large government contracts if they cannot demonstrate prompt payment.</p>
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