BIFFA TREATMENT SERVICES LIMITED
Company number: 02393309
Reporting period:
1 April 2026 to 30 September 2026
Report filed on:
30 October 2026
Approved by:
Keith Sinfield
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: 36 days
Total value paid:
- within 30 days: £68,315,510 (70%)
- in 31 to 60 days: £25,274,589 (26%)
- in 61 days or more: £3,430,499 (4%)
Invoices paid:
- within 30 days: 44%
- in 31 to 60 days: 45%
- in 61 days or more: 11%
Late and disputed:
- total value of payments due in the reporting period which have not been paid within the agreed period: £34,023,864
- 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: 0%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
60 days
Standard payment terms
60 days from receipt 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
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 use the NEC 3 Form of Construction Contract for our capital works contracts. Where the contracts are high value or where we consider the works to be business critical, we seek to include a retention to incentivise proper performance.
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?
Yes:
As the Operating Contractor under PFI Contracts, the consequences imposed upon us in terms of Performance Deductions and other liabilities (such as additional costs of working) will inevitably be greater than the amount of retention which we apply to our contractors. Where retention clauses are used, they are applied proportionally and in accordance with the relevant project and contractual requirements.
Releasing money under a retention clause
Process for releasing money this business has deducted or retained under a retention clause
The Contractor submits an application for payment under the NEC3 contract. Where retention is contractually due for release, payment is made following Completion and/or expiry of the Defects Liability Period, subject to satisfactory completion of the works and correction of any defects.
Is the money released in stages?
Yes:
Retention is generally released in two stages:
- part released at Completion; and
- the remaining balance released following expiry of the Defects Liability Period and completion of any outstanding remedial works.
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
First contact is with accounts payable who will identify the vendor problem. They will then identify the person in the company who will be able to resolve the problem. The vendor is then contacted to discuss the offered resolution.
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.
No
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