AMEY OW LIMITED
Company number: 01922327
Reporting period:
1 January 2026 to 30 June 2026
Report filed on:
30 July 2026
Approved by:
Andrew Nelson
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: 29 days
Total value paid:
- within 30 days: £105,623,115 (86%)
- in 31 to 60 days: £16,193,683 (13%)
- in 61 days or more: £366,079 (< 1%)
Invoices paid:
- within 30 days: 60%
- in 31 to 60 days: 40%
- in 61 days or more: 0%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £83,102,839
- payments due in the reporting period which have not been paid within the agreed period: 26%
- not made in the reporting period due to a dispute: 0%
Payment terms
Shortest standard payment periods
14 days
Longest standard payment period
60 days
Standard payment terms
Amey OW Limited has a number of standard payment terms in place which vary depending on product type, service, business unit and client. These are summarised below:
• Materials suppliers – 30 days from invoice date. (Depending on Org Size can be 45 or 60 days)
• Service suppliers – 30 days from invoice. (Depending on Org Size can be 45 or 60 days)
• Rail sub-contractors – 28 days from certification.
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
Retention clauses
How does this business use retention clauses?
Retention clauses are used in specific circumstances:
We do not hold retentions on the majority of our contracts. We would only hold retentions in exceptional circumstances and as a flow down from the client contract. For example, we may hold retentions for specific purpose such as structural projects where a liability period is required. The value retained in the reporting period was close to nil as a % of spend.
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?
No
Does this business apply retention clause practices that are no more onerous than those applied to it on the same project?
No
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
Subcontractor applies for retention release via their application for payment
Is the money released in stages?
Yes:
part-released on practical completion and the remainder released after 12 months defect liability period.
Amount retained from suppliers in the reporting period
Amount retained stated as a percentage of the money retained from this business by its clients
0%
Amount retained stated as a percentage of the total construction payments made by this business
0%
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.
Where a supplier has a query in the first instance, please email Group Shared Services Accounts Payable using the business unit designated addresses as follows:
Group.AccountsPayable@amey.co.uk for Group related suppliers
Consulting.AccountsPayable@amey.co.uk for Consulting related suppliers
Ti.accountspayable@amey.co.uk for Transport Infrastructure related suppliers
Cf.accountspayable@amey.co.uk for Complex Facilities related suppliers
Fleet.AccountsPayable@amey.co.uk for Fleet related suppliers
The Accounts Payable team will handle your query through our case management system, which includes automatic escalation if needed. If you need to call, please contact the Accounts Payable team at 0800 521 660. For queries related to subcontract agreements, please contact your local commercial point of contact.
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.
Yes, this business has signed up to: Fair Payment Code
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