Invoice Payment Compliance Report
The invoice payment compliance report provides information required to comply with procurement regulation 38.
Regulation 38 outlines the requirements for Payment Compliance Notices, which have replaced the previous Regulation 113 reporting under the Public Contracts Regulations 2015.
The official UK legislation link to Regulation 38 of the Procurement Regulations 2024, which supports the Procurement Act 2023:
| Annual Performance | |
|---|---|
| Financial year | 2024/2025 |
| Total payments | £34,225.00 |
| Payments over 30 days | 280 |
| Percentage not paid within 30 days | 0.82% |
| Percentage paid within 30 days | 99.18% |
| Interest (£), whether or not claimed, liable to be paid to suppliers | £2,888.62 |
Contact information
If you have a query about Procurement email procurement@iow.gov.uk
If you have a query about invoice payments email creditor.payments@IOW.gov.uk