Question to the Department for Business, Energy and Industrial Strategy:
To ask the Secretary of State for Business, Energy and Industrial Strategy, what proportion of contracts issued by his Department and contractors include provisions to impose, as between parties to the subcontract, that any payment due from the contractor to a subcontractor under the contract is to be made no later than the end of a period of 30 days from the date on which the relevant invoice is regarded as valid and undisputed, as required by the Public Contract Regulations 2015.
All contracts formed by Business, Energy and Industrial Strategy contain an obligation on the contractor to pay all valid and undisputed subcontractor invoices issued under the contract within 30 days. This includes contracts created using BEIS standard terms and conditions and those created using Crown Commercial Service standard framework terms and conditions.