LAING O'ROURKE DELIVERY LIMITED
Company number: 04309402
Reporting period:
1 April 2025 to 30 September 2025
Report filed on:
14 November 2025
Approved by:
Simon Chatwin
Contracts and payments
Do any of this business's construction contracts with its suppliers include retention clauses? Yes
Payment statistics
Average time taken to pay invoices: 25 days
Total value paid:
- within 30 days: £418,750,145 (53%)
- in 31 to 60 days: £271,249,753 (35%)
- in 61 days or more: £95,489,130 (12%)
Invoices paid:
- within 30 days: 71%
- in 31 to 60 days: 25%
- in 61 days or more: 4%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £260,696,333
- payments due in the reporting period which have not been paid within the agreed period: 17%
- not made in the reporting period due to a dispute: 5%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
90 days
Standard payment terms
Payment terms are agreed with subcontractors and suppliers as part of contract negotiations and to comply with any statutory and client contractual requirements. Terms agreed range from 7 Days to 60 Days from month end of invoice.
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
Laing O'Rourke Delivery Limited was a proud signatory of the Prompt Payment Code which has been replaced by the Fair Payment Code - we remain committed to meeting the targets and guidance that were part of this Code. Laing O'Rourke Delivery Limited continues to invest significant resource in our governance, systems and processes to improve payment to terms of its valued supply chain partners. In accordance with the guidelines of the Prompt Payment Code, Laing O'Rourke Delivery Ltd is focused on payment of all compliant invoices provided by suppliers deemed to be small companies (defined as those having fewer than 50 employees) within 30 days. System enhancements have been made to identify companies within this category while management focus continues on improving payment experiences for all supply chain members.
Any other information about payment terms
The maximum contractual payment period is 60 Days from month end of invoice.
Retention clauses
How does this business use retention clauses?
Retention clauses are used in specific circumstances:
Retention clauses and their application will depend on the type of project and the size.
Does this business only use retention clauses in construction contracts above a specific contract sum?
No
Does this business use a standard percentage rate in retention clauses?
Yes: 3%
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
Yes:
Retention clauses and their application will depend on the type of project and the size.
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Usually released in stages, half at Practical Completion of a project with the balance at the end of the defects making good period which is traditionally 12-24 months after Practical Completion subject to the head contract Client requirements.
Is the money released in stages?
Yes:
Usually released in stages, half at Practical Completion of a project with the balance at the end of the defects making good period which is traditionally 12-24 months after Practical Completion subject to the head contract Client requirements.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
74%
Amount retained stated as a percentage of the total construction payments made by this business
2%
Dispute resolution process
Laing O'Rourke Delivery Limited is committed to fair treatment of all its supply chain partners and promotes transparency and swift resolution of any dispute. For both supplier and subcontractor disputes the process will involve the Accounts Payable Department and may involve members of Procurement, Office Management and Commercial and where necessary other Senior Management. Subcontractor disputes will initially be addressed by the Project Commercial team. Following escalation to Senior Management, on rare occasions where it is not possible to reach an agreement suitable to both parties, other methods of dispute resolution may include but are not limited to mediation, adjudication, expert determination and/or arbitration.
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