What Procurement Act 2023, Section 68: Implied payment terms in public contracts requires
Contracting authorities must pay valid invoices for applicable public contracts within 30 days of receipt, and must promptly notify payees of any disputed or invalid invoices.
Pillar: Public Sector & Government Procurement · Authority: UK Cabinet Office · Version: 1.0.0 · Last updated:
Primary source: https://www.legislation.gov.uk/ukpga/2023/54/section/68
SHA-256 integrity: c059908ccb3b068de52a32e87560ece82d58df6fdd091cbbdb34ee903f09f22f
Primary Citations — 7 traced to source
- Section 68(1): The terms in subsections (2) to (5) are implied into every public contract entered into by a contracting authority, except a public contract that is a concession contract, a utilities contract awarded by a private utility, or a contract awarded by a school.
- Section 68(2): Any sum due to be paid under the public contract by the contracting authority must be paid before the end of the period of 30 days beginning with the day on which an invoice is received by the contracting authority in respect of the sum, or if later, the day on which the payment falls due in accordance with the invoice.
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