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.