In accordance with regulation 113 of the Public Contracts Regulations 2015, please see the information below on Croydon Council's prompt payment performance.
| Financial Year | Percentage of valid and undisputed invoices paid within 30 days in accordance with regulation 113 | The amount of interest paid to suppliers due to a breach of the requirement in regulation 113 | The amount of interest liable to be paid to suppliers due to a breach of the requirement in regulation 113 |
|---|---|---|---|
| 2023/24 | 96.3% | £699.97 | £74,978.96 |
| 2022/23 | 96.2% | £5,350.58 | £58,893.61 |
| 2021/22 | 95.80% | Nil | £250,103.98 |
| 2020/21 | 91.6% | £2,027.89 | £720,920.39 |
| 2019/20 | 78.9% | £17,701.35 | £834,688.46 |
| 2018/2019 | 84.10% | £3194.46 | £487,301 |
| 2017/18 | 86.89% | £4459.06 | £391,143 |
| 2016/17 | 87.70% | £3748.64 | £379,449 |
| 2015/16 | 84.78% | £602.30 |