New reporting requirements on prompt payment were announced in March 2023. The Procurement Policy Note 03/23 requires potential suppliers bidding for contracts in both the Public and Private Sector to provide the percentage of payments and invoices paid to those in the immediate supply chain on all contracts. This should include the percentage of payments and invoices paid within each of the following categories: within 30 days; in 31 to 60 days; in 61 days or more.
| Financial Year | Percentage of invoices paid within 30 days | Percentage of invoices paid in 31 to 60 days | Percentage of invoices paid in 61 days or more |
| 2021-22 | 71.3% | 17.9% | 10.8% |
| 2022-23 | 72.0% | 18.3% | 9.7% |
| 2023-24 | 74.6% | 16.7% | 8.6% |
The information in the table above covers our performance Overseas. Historical data is available on request.
Global payment information and our Payment Improvement Plan is here