Company number: 03212440
and approved by Geofrey Stapledon
Average time taken to pay invoices: 44 days
Invoices paid:
Invoices due but not paid within agreed terms: 22%
60 days
Answer not provided
BHP’s standard terms provide that it will pay all invoices in the payment run that occurs immediately following the expiry of 60 days after the relevant Invoice is received or, in the case of a recipient created tax invoice, generated, and except where BHP is required by law to pay within a shorter time frame.
Answer not provided
N/A
60 days
No further comment provided
N/A
BHP seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract. A dispute may be raised at any time by either party to the other party’s nominated dispute resolution representative and the parties will then seek to resolve the dispute within 20 business days (or as otherwise agreed).
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
Yes, this business has signed up to: Prompt Payment Code
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
Yes
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
No
No