Billing

(asked on 3rd March 2015) - View Source

Question to the Ministry of Defence:

To ask the Secretary of State for Defence, what proportion of undisputed invoices his Department and its agencies and non-departmental public bodies paid within five days in the last period for which figures are available.


Answered by
Philip Dunne Portrait
Philip Dunne
This question was answered on 10th March 2015

Over the period 1 April to 31 December 2014, the Ministry of Defence (MOD) and its Trading Funds paid 93.73% of undisputed invoices within five working days against the 80% target.

The MOD processes over four million invoices a year totalling some £26 billion. Its performance (including its Trading Funds) on making payments to suppliers is routinely recorded in its Annual Report and Accounts each year.

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