Question to the Cabinet Office:
To ask the Minister for the Cabinet Office, what proportion of contracts tendered on Contracts Finder were awarded to companies signed-up to the Prompt Payment Code.
Government does not collate this information centrally. However, the list of suppliers who are signatories to the Prompt Payment Code is publicly available via the Small Business Commissioners website. Likewise, information from Contracts Finder, and the Find a Tender service are available under an Open Government License for external stakeholders to carry out their own analysis.
The Government is a leader in driving payment performance improvement through its procurement and supply chains. In 2019, it introduced a new measure that requires bidders for large government contracts to pay promptly or risk being excluded from government procurements.