GFSL Payment practice reporting: 1 April 2021 to 30 September 2021
Updated 15 April 2024
© Crown copyright 2024
This publication is licensed under the terms of the Open Government Licence v3.0 except where otherwise stated. To view this licence, visit nationalarchives.gov.uk/doc/open-government-licence/version/3 or write to the Information Policy Team, The National Archives, Kew, London TW9 4DU, or email: psi@nationalarchives.gov.uk.
Where we have identified any third party copyright information you will need to obtain permission from the copyright holders concerned.
This publication is available at https://www.gov.uk/government/publications/gfsl-payment-practice-reporting/gfsl-payment-practice-reporting
1 April 2021 to 30 September 2021
This report was filed on 7 October 2021
Payment statistics
Average time taken to pay invoices: 20.3 days
Invoices paid:
| % of invoices paid within 30 days | % of invoices paid within 31-60 days | 60 days or more |
|---|---|---|
| 84.7 % | 8.8% | 6.5% |
Invoices due but not paid within agreed terms: 15.3%
Payment terms
Shortest standard payment period
2 days
Longest standard payment period
30 days
Standard payment terms
Gov Facility Services Limited has standard payment terms in place across all areas. These are detailed below:
- Materials suppliers – 30 days from receipt of invoice
- Service Suppliers – 30 days from receipt of invoice
- Facilities Maintenance sub-contractors – 30 days from receipt of invoice
Were there any changes to the standard payment terms in the reporting period? No
Maximum contractual payment period agreed
30 days
Any other information about payment terms
None
Dispute resolution process
In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which? For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days. No
Does this business offer e-invoicing? This is where suppliers can electronically submit invoices. Yes
Does this business offer supply chain finance?This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum. No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list? No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list? No
1 April 2020 to 30 September 2020
This report was filed on 02 11 2020
Payment statistics
| % of invoices paid within 30 days | % of invoices paid within 31-60 days | 60 days or more |
|---|---|---|
| 87% | 8% | 5% |
Average time taken to pay invoices: 19.6 days
Invoices due but not paid within agreed terms: 13%
Payment terms
Shortest standard payment period - 30 days
Longest standard payment period - 30 days
Standard payment terms
Gov Facility Services Limited has standard payment terms in place across all areas. These are detailed below:
- Materials suppliers – 30 days from receipt of invoice.
- Service Suppliers – 30 days from receipt of invoice.
- Facilities Maintenance sub-contractors – 30 days from receipt of invoice.
Were there any changes to the standard payment terms in the reporting period?No
Maximum contractual payment period agreed - 30 days
Any other information about payment terms: None
Dispute resolution process
In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which? For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days - No.
Does this business offer e-invoicing?This is where suppliers can electronically submit invoices - Yes.
Does this business offer supply chain finance?This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum - No.
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list? - No.
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list? - No.
1 October 2019 to 31 March 2020
This report was filed on 1 April 2020
Payment statistics
| % of invoices paid within 30 days | % of invoices paid within 31-60 days | 60 days or more |
|---|---|---|
| 84.4% | 8.7% | 6.9% |
Average time taken to pay invoices: 19 days
Invoices due but not paid within agreed terms: 15.6%
Payment terms
Shortest standard payment period - 30 days
Longest standard payment period - 30 days
Standard payment terms
Gov Facility Services Limited has a standard payment terms in place across all areas. These are detailed below:
- Materials suppliers – 30 days from receipt of invoice
- Service Suppliers – 30 days from receipt of invoice
- Facilities Maintenance sub-contractors – 30 days from receipt of invoice
Were there any changes to the standard payment terms in the reporting period? No
Maximum contractual payment period agreed: 30 days
Any other information about payment terms: None
Dispute resolution process
In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which? For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days: No
Does this business offer e-invoicing? This is where suppliers can electronically submit invoices: Yes
Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum: No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list? No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list? No
1 April 2019 to 30 September 2019
This report was filed on 21 January 2020
Payment statistics
| % of invoices paid within 30 days | % of invoices paid within 31-60 days | 60 days or more |
|---|---|---|
| 83.9% | 9.5% | 6.6% |
Average time taken to pay invoices: 18.7 days
Invoices due but not paid within agreed terms: 16.1%
Payment terms
30 days
Standard payment terms
Gov Facility Services Limited has a standard payment terms in place across all areas. These are detailed below:
- Materials suppliers – 30 days from receipt of invoice
- Service Suppliers – 30 days from receipt of invoice
- Facilities Maintenance sub-contractors – 30 days from receipt of invoice
Were there any changes to the standard payment terms in the reporting period? No
Maximum contractual payment period agreed: 30 days
Any other information about payment terms: None
Dispute resolution process
In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
Other payment information
Has this business signed up to a code of conduct or standards on payment practices? If so, which? For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days: No
Does this business offer e-invoicing? This is where suppliers can electronically submit invoices: Yes
Does this business offer supply chain finance? This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum: No
Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list? No
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list? No