BAM CONSTRUCTION LIMITED
Company number: 02379469
Reporting period:
1 July 2025 to 31 December 2025
Report filed on:
30 January 2026
Approved by:
Kim Sides
Payment statistics
Average time taken to pay invoices: 36 days
Total value paid:
- within 30 days: £188,748,203 (43%)
- in 31 to 60 days: £248,272,257 (56%)
- in 61 days or more: £5,577,447 (1%)
Invoices paid:
- within 30 days: 55%
- in 31 to 60 days: 40%
- in 61 days or more: 5%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £34,415,529
- payments due in the reporting period which have not been paid within the agreed period: 15%
- not made in the reporting period due to a dispute: 7%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
55 days
Standard payment terms
BAM Construction Ltd agrees payment terms with vendors as part of contract negotiations and in accordance with all applicable statutory and contractual requirements.
During the reporting period, the most frequently applied payment terms were as follows:
1) For contracts relating to the supply of goods and services: 30 days.
2) For contracts relating solely to the supply of goods: up to a maximum of 55 days.
3) For contracts associated with qualifying publicly funded projects: 30 days.
These terms represent BAM’s standard approach to payment across qualifying contracts, subject to project-specific requirements and contractual agreement.
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
55 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
BAM Construction Ltd is committed to the fair and transparent treatment of all members of its supply chain.
In the first instance, any complaints or disputes relating to payment or contractual matters are addressed by the relevant project team. Where appropriate, Supply Chain Relationship Managers will support the parties in seeking to resolve the issue.
If a matter remains unresolved, further resolution will be pursued through informal or formal mechanisms in accordance with the provisions of the contract. This may include escalation to appropriate independent senior management named in the contract and the use of mediation.
In the unlikely event that a dispute cannot be resolved through these channels, the matter will be referred to adjudication or, as a final step, determined through litigation.
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