Ministry of Defence: Billing

(asked on 22nd March 2024) - View Source

Question to the Ministry of Defence:

To ask His Majesty's Government what is the average time a business waits for the payment of an invoice from the Ministry of Defence.


Answered by
Earl of Minto Portrait
Earl of Minto
Shadow Minister (Defence)
This question was answered on 9th April 2024

As per Cabinet Office guidance, the Ministry of Defence aims to pay 90% of all undisputed and validated invoices for Small to Medium Enterprises within 5 days of receipt. Additionally, MoD is committed that 100% of all undisputed and validated invoices should be paid within 30 days.

Ministry of Defence reports its supplier payment performance, invoice processing and MoD contract payments in line with statutory requirements and reports its results quarterly at GOV.UK Ministry of Defence supplier invoicing and payment information - GOV.UK (www.gov.uk)

Table below shows results for financial year 2023-2024 by quarter. Financial year runs from April 2023 to March 2024.

Ministry of Defence payment performance

2023-2024

Financial year
2023-2024

Percentage of invoices paid
within 5 days[1]

Percentage of invoices paid
within 30 days

First Quarter

94.13%

99.24%

Second Quarter

94.08%

99.29%

Third Quarter

87.35%

99.25%

[1] This includes all suppliers not just Small to Medium Enterprises

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