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PARLIAMENTARY WRITTEN QUESTION
Ministry of Defence: Billing (29 November 2016)

Question Asked

To ask the Secretary of State for Defence, what proportion of payments by his Department to small businesses are made on time and in accordance with the prompt payment code.

Asked by:
Tim Farron (Liberal Democrat)

Answer

The Ministry of Defence is committed to implementing a prompt payment policy with contractors of all sizes and throughout the supply chain. In line with the prompt payment code, we aim to pay 80% of our invoices within five working days. Our latest statistics show that, for the first two quarters of 2016-17, we paid nearly 97% of our invoices within five days and 99.9% within 30 days.

More information about our payment performance is published on gov.uk at the following link:

https://www.gov.uk/government/collections/ministry-of-defence-supplier-invoicing-and-payment-information.

A comprehensive breakdown of the proportion of on-time payments specifically made to smaller businesses is not held.


Answered by:
Dame Harriett Baldwin (Conservative)
2 December 2016

Contains Parliamentary information licensed under the Open Parliament Licence v3.0.