Question to the Department for Work and Pensions:
To ask the Secretary of State for Work and Pensions, what assessment he has made of the proportion of invoices his Department paid to small and medium-sized enterprises within five days in (a) the 2021-2022 financial year and (b) each of the last 12 months.
All government departments publish payment performance quarterly showing the percentage of invoices paid in 5 days, the percentage of invoices paid in 30 days, and net debt interest liability. This is available on GOV.UK. DWP Department’s payment performance is available at:
DWP: prompt payment data - GOV.UK (www.gov.uk)
DWP: prompt payment data - GOV.UK (www.gov.uk)
In addition, in accordance with 113 of the Public Contract Regulations 2015, Contracting Authorities are required to publish annually the percentage of invoices paid in 30 days online. This is available at:
DWP: prompt payment data - GOV.UK (www.gov.uk)
The Procurement Bill, currently passing through Parliament, will create a simpler and more transparent procurement regime that will further open up public procurement to SMEs. The Bill includes a new duty on contracting authorities to have regard to the particular barriers facing SMEs.
Specifically, the Procurement Bill will imply 30 day payment terms into every sub-contract that is substantially for the purpose of performing a public contract. This will ensure SMEs at every tier of the public supply chain can benefit from faster payments, even if 30 day terms aren't explicitly written into the contract.