Fair Payment Code

Our commitment to fair payment and transparency

The council is committed to supporting local businesses and suppliers through fair and timely payment practices.

Fair Payment Code

We follow the principles of the Fair Payment Code, which promote:

• clear and fair payment terms
• prompt payment of invoices
• best practice across the supply chain

Our standards

We abide by the following standards:

• we aim to pay 100% of undisputed invoices within 30 days
• we encourage suppliers to pass these fair payment terms to their subcontractors

Transparency and reporting timelines

To comply with government requirements and maintain transparency, we publish the following:

Payment performance reports

Published every 6 months, showing:

• % of invoices paid within 30 and 60 days
• average payment time
• late payment interest or compensation paid

Contract register

Updated quarterly for all contracts over £30,000, including:

• contract value
• supplier name
• payment terms

Payment to suppliers statistics

The table below shows the total number of invoices paid within 30 days from 2018 to 2023.

The table below shows the monthly breakdown for 2024 so far.