Local Government: Billing

House of Lords written question – answered at on 17 November 2014.

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Photo of Lord Harrison Lord Harrison Chair, EU Sub Committee A - Economic and Financial Affairs

To ask Her Majesty’s Government what is their estimate of the financial liability of local authorities associated with late payments of suppliers' invoices which will result from the transposition of the European Union directive on late payments.

Photo of Lord Wallace of Saltaire Lord Wallace of Saltaire Lords Spokesperson (Cabinet Office), Lord in Waiting (HM Household) (Whip)

This information is not held centrally. However, in implementing Lord Young’s recommendations to open up public sector procurement to SMEs, increase transparency and simplify the government market, we are bringing in new measures so that from 2015 all public bodies will be required to publish the interest they have paid due to late payments. From 2016-17 they will have to calculate their liabilities and publish them annually.

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