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Creditors Performance

Performance is measured by -

  • The percentage of all undisputed invoices paid within 30 days.
  • The percentage of all undisputed local supplier invoices paid within 10 days. (Local suppliers are within the Borough) 

The following table represents the targets we aim achieve.

Performance Indicator Description Indicator Frequency Target for 2016/17
% of undisputed invoices paid within 30 days Monthly 98%
% of undisputed invoices from local suppliers paid within 10 days Monthly 60%

Newcastle-under-Lyme Borough Council is signed up to the 'Prompt Payment Code', details of which can be found on www.promptpaymentcode.org.uk . We will publish the performance figures for this criteria at the end of each financial year.

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