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F15/754

Payments Terms with Suppliers

Request Description

1. Over the last 12 months, what is the average time (in days) taken to make payments to Tier 1 contractors for construction and building maintenance contracts, following the receipt of an undisputed invoice or payment notice? (ANSWERS; GIVE TIME IN DAYS; DON'T KNOW)

2. For construction and building maintenance contracts established since 1 March 2015, are you, or will you be putting in place monitoring and reporting whether your main contractors are paying their sub-contractors within 30 days? (ANSWERS; WE ARE already MONITORING AND REPORTING THAT PAYMENT TAKES PLACE WITHIN 30 DAYS ROUTINELY; WE WILL BE MONITORING AND REPORTING THAT PAYMENT TAKES PLACE WITHIN 30 DAYS ROUTINELY; WE DON'T AND WILL NOT BE MONITORING AND REPORTING THAT PAYMENT TAKES PLACE WITHIN 30 DAYS; DON'T KNOW)

3. For new construction and building maintenance contracts established since 1 March 2015, are you or will you be taking steps to ensure that within 30 days payment is applied along your Tier 1 suppliers' supply chain? (ANSWERS; WE ARE Already TAKING STEPS; WE WILL BE TAKING STEPS; WE DON'T AND WILL NOT BE TAKING STEPS; DON'T KNOW)

4. For construction and building maintenance contracts since 1 March 2015, have you built in a contractual requirement for your suppliers to pay the suppliers directly below them in the supply chain within 30 days (or are you taking steps to apply this)? (ANSWERS: WE HAVE BUILT IN A CONTRACTUAL REQUIREMENT FOR PAYMENT TO FLOW THROUGH THE SUPPLY CHAIN WITHIN 30 DAYS ROUTINELY; WE WILL BE BUILDING IN A CONTRACTUAL REQUIREMENT FOR PAYMENT TO FLOW THROUGH THE SUPPLY CHAIN WITHIN 30 DAYS ROUTINELY; WE WILL NOT BE BUILDING IN A CONTRACTUAL REQUIREMENT FOR PAYMENT TO FLOW DOWN THE SUPPLY CHAIN WITHIN 30 DAYS ROUTINELY; DON'T KNOW)

5. To what extent do you use PAS 91 as the pre-qualification standard for your construction and building maintenance contracts? (ANSWERS: WE DO and we use it exclusively, WE DO, WE DON'T, DON'T KNOW)

6. If you answered the previous question 'NO', are you considering using PAS 91 (substantially) in the future for new construction and building maintenance contracts? (ANSWERS: WE ARE; WE AREN'T; DON'T KNOW)

Request Date15 October 2015
Requested byIndividual
Released Date  

7 December 2015  

Response

1. All contractors are paid within 30 days on receipt of an undisputed invoice or payment notice.

2. We will be monitoring and reporting that payment takes place within 30 days routinely.

3. We will be taking steps

4. Don't Know

5. We Don't

6. Don't Know

Refused

                                                            

Refusal