Company number: 03371550
and approved by P Seaton
Average time taken to pay invoices: 52 days
Invoices paid:
Invoices due but not paid within agreed terms: 18%
7 days
60 days
The company does not use standard payment terms; payment terms are agreed with each individual supplier depending on the nature of the goods/services supplied and the contract involved.
Answer not provided
N/A
60 days
No further comment provided
N/A
Disputes would generally be raised to the procurer of the goods/services or the Accounts payable team depending on the nature of the issue. They will review the disputed item(s) in order to see if it can be resolved quickly with the vendor and payment can be made. If this is not possible due to the dispute involving non-performance of contract or pricing differences for example, the dispute will be referred to senior project managers/senior Corporate managers and if required Legal department. Jacobs aim to resolve all vendor disputes as quickly as possible.
For example, signatories to The Prompt 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.
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
No
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