Kelvin Hopkins
Main Page: Kelvin Hopkins (Independent - Luton North)Department Debates - View all Kelvin Hopkins's debates with the Cabinet Office
(7 years, 1 month ago)
Commons ChamberI welcome my hon. Friend to the House. The Government are committed to paying our suppliers promptly. All public sector buyers must include a 30-day payment term in new public sector contracts, pay undisputed invoices within 30 days, and require that this payment term be passed down the supply chain. Our own payment performance is published quarterly, and the Government are doing brilliantly well in meeting our targets.
When my party becomes the Government of this country very soon, we will declare war on late payments, requiring companies bidding for a public sector contract to pay their suppliers within 30 days, and going beyond that with heavy fines for late payers. Will the Conservatives in opposition support us in passing the necessary legislation?
I congratulate the hon. Gentleman on his optimism. In fact, this Government have made sure that undisputed invoices are paid within five days in many cases, and 96% of all contracts are paid within 30 days when the invoices are not disputed.