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Question for HM Treasury

UIN 226175, tabled on 3 March 2015

To ask Mr Chancellor of the Exchequer, what requirements his Department and its agencies and non-departmental public bodies place on suppliers in respect of their payment terms to subcontractors as part of their standard terms and conditions.

Answered on

11 March 2015

In line with the Public Contracts Regulations 2015, the standard terms and conditions HM Treasury uses require suppliers to pay subcontractors within 30 days from receipt of a valid invoice.

Answered by

Treasury