Prompt payment information

As a public sector body, Cafcass must adhere to the Procurement Policy Note 03/16: Publication of Payment Performance Statistics, which states that contracting authorities are required to publish performance data on the internet starting with their performance over financial year 2015/16; this will be published after March 2016 and then at the end of each financial year. The data demonstrates our performance on paying within 30 days to first tier suppliers/prime contractors over the previous 12 months. The statistics are:

• the percentage of invoices paid within 30 days; and
• the amount of interest paid to suppliers due to late payment.

Additionally, it is a requirement to publish the total amount of interest that the contracting authority was liable to pay. This figure must be published annually in relation to the previous 12-month period from the end of March 2017.