MCAVOY MODULAR OFFSITE LIMITED
Company number: NI008762
Reporting period:
31 May 2025 to 30 November 2025
Report filed on:
3 November 2025
Approved by:
Martin Daly
Payment statistics
Average time taken to pay invoices: 45 days
Invoices paid:
- within 30 days: 90%
- in 31 to 60 days: 10%
- in 61 days or more: 0%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 0%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
In accordance with the Procurement Act 2023 and associated statutory guidance, the Customer shall take all reasonable steps to ensure that payment is made to the Supplier within the period specified in clause 7.5, and in any event no later than 30 days after receipt of a correctly rendered invoice where required by law or applicable guidance.
The Supplier shall ensure that any payments due to its subcontractors or supply chain members in connection with this Contract are made within 30 days of receipt of a valid and undisputed invoice, in compliance with the Procurement Act 2023, and shall include equivalent provisions in any subcontract entered into for the purpose of performing this Contract.
The Supplier shall, upon request, provide evidence to the Customer demonstrating compliance with the prompt payment provisions of the Procurement Act 2023. Failure to comply with such requirements shall constitute a material breach of this Contract.
Were there any changes to the standard payment terms in the reporting period?
No
Were suppliers notified or consulted about these changes before they were made?
N/A
Maximum contractual payment period agreed
60 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
McAvoy is committed to fair dealing with all of our supply chain partners and transparency and timely resolution of disputed items. The key principles in this process are:
Disputed invoices will be identified by McAvoy’s Finance Department initially and raised directly with the supply chain partner
Supply chain partner can query invoices with our Finance team.
If a resolution cannot be reached between the Finance Department and the supply chain partner, as a point of escalation the disputed invoices should then be raised with Senior Management, providing details of the invoice in question and nature of the dispute.
Disputes will be assessed internally by Senior Management to judge accuracy and value.
If the disputed invoice is deemed appropriate, the senior management will liaise with the supply chain partner organisation to review and resolve
If a resolution cannot be reached a number of potential dispute resolution methods, for example mediation, adjudication, expert determination, litigation and/or arbitration, may be used.
Governing law and jurisdiction.
The Contract, and any dispute or claim arising out of or in connection with it or its subject matter or formation (including non-contractual disputes or claims), shall be governed by, and construed in accordance with, the laws of Northern Ireland, and the parties irrevocably submit to the exclusive jurisdiction of the courts of Northern Ireland.
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 Fair Payment Code must commit to paying 95% of their invoices within 60 days.
No, this business has not signed up to a code of conduct or standards on payment practices.
Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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