Transparency data

Prompt Payment Monthly Statistics – February 2012

Updated 3 April 2012
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Department for Culture Media and Sport
Not set Not set Not set Not set Prompt Payment Monthly Statistics
Month Number of Value of Number of Volume of
Not set Invoices Invoices Invoices invoices
Not set paid in paid in paid within paid within
Not set month month 5 working 5 working
Not set Not set Not set days days
Not set Not set (£) Not set (%)
Apr-11 336 3138085.31 264 78.57
May-11 364 3444637.84 296 81.32
Jun-11 345 4310435 271 78.55
Jul-11 340 2363389.06 269 79.41
Aug-11 344 4052262 269 78.2
Sep-11 380 4437385 334 87.89
Oct-11 389 4220854 330 84.83
Nov-11 409 4801351 366 89.49
Dec-11 344 4261057 298 86.63
Jan-12 401 2663113 324 80.8
Feb-12 444 3199298.4 370 83.3
Mar-12 Not set Not set Not set Not set
Following the March 2010 Budget the then Government announced a new target for central Government Departments to pay 80% of valid Not set Not set Not set Not set
invoices within 5 working days. This built upon the previous target of 10 working days which was introduced in October 2008. The five day Not set Not set Not set Not set
payment commitment came into force in May 2010. These targets are in addition to an existing statutory requirement to make payment to Not set Not set Not set Not set
make payment within 30 days and which continues to be the contractual term set in most DCMS procurements. Changes are being Not set Not set Not set Not set
introduced from August to reverse the slight dip in 5 and 10 day performance that resulted from IT and internal communication issues. Not set Not set Not set Not set
As part of a regular management review of prompt payment data, we have identified that 3 grant claims processed in December 2011 Not set Not set Not set Not set
were inadvertently reported as invoice payments due to incorrect supplier records. The volume and value figures in the table have been Not set Not set Not set Not set
amended to take into account this correction    Not set Not set Not set Not set