Prompt Payment Report: 2020 Update
Download the free report and find out the impact of the government's new procurement policy.
Has the 2019 procurement plan been a success?
In September 2019, the government made big changes to their procurement policy. It meant that suppliers with poor payment practices risked exclusion.
The question is: how effective was this change? And, what does the data say?
We'll pull back the curtain and show you exactly what's been happening in this free report. Although previously we've avoided naming suppliers, in this document, we'll share everything.
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Check out what the data says
All insights in this report were drawn from our proprietary database of aggregated, cleansed and structured data on UK public sector procurement and spending.
Business data
We look at 6,841 companies who published their payment practices data for 2019.
UK spend figures
In 2018 and 2019 the UK government spent roughly £18.5bn with firms which report payment practices.
Poor performers
Find out more about the £1.1bn spent with poor payment performers.
Trustworthy sources
We combined data on public procurement with published invoices data.
Insight-driven UK public spend information
The change in policy resulted in some big changes in behavior from suppliers. With our report, you'll have access to the data to find out exactly what happened.
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Benefits of prompt payment
We share how much value was won by suppliers who were prompt in payment.
What's changed
Find out how compliance amongst firms earning more than £100 million altered.
Hard data
We'll name suppliers and give you precise numbers - everything's on the table.
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Discover the impact of the government's 2019 procurement policy
Download to find out which suppliers are still able to big on public sector contracts, despite having poor payment practices.