Education and Skills Funding Agency: Billing

(asked on 14th February 2019) - View Source

Question to the Department for Education:

To ask Her Majesty's Government, for each of the last five years, what percentage of invoices submitted to the Education and Skills Funding Agency were paid to suppliers within 30 days; how many invoices were paid later than 30 days; what was the potential interest and compensation liability due to late payment; and how much interest and compensation was claimed and paid.


Answered by
Lord Agnew of Oulton Portrait
Lord Agnew of Oulton
This question was answered on 26th February 2019

The Education and Skills Funding Agency (ESFA) was established on 1 April 2017. Therefore, we have only been able to provide the data for the 2017/18 financial year.

During the 2017/18 financial year, the ESFA paid 99.02% of its invoices within 30 days. 209 invoices were paid later than 30 days.

The potential interest due for late payments amounts to £21,144.40. However, no interest or compensation for late supplier payment was claimed or paid.

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