COMMERCIAL SERVICES KENT LIMITED
Company number: 05858177
Reporting period:
1 October 2019 to 31 March 2020
Report filed on:
30 April 2021
Approved by:
Marcus Yarham
Payment statistics
Average time taken to pay invoices: 20 days
Invoices paid:
- within 30 days: 92%
- in 31 to 60 days: 2%
- in 61 days or more: 6%
Late and disputed:
- payments due in the reporting period which have not been paid within the agreed period: 32%
Payment terms
Shortest standard payment periods
7 days
Longest standard payment period
30 days
Standard payment terms
30 days from date of receipt of a correct and valid 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
30 days
No further comment provided
Any other information about payment terms
No further comment provided
Dispute resolution process
30. Dispute Resolution Procedure
30.1 The parties shall attempt to resolve any disputes (other than those relating to the termination of this Agreement in whole or in part) arising under or in relation to this Agreement by initially following the Escalation Procedure, in the event the Escalation Procedure fails to achieve agreement or in exceptional circumstances the relevant Authority reserves the right to refer the matter to the Dispute Resolution Procedure identified below.
30.2 If the parties have failed to resolve a dispute by following the Escalation Procedure, then the Authority’s authorised representative and the Supplier’s Managing Director shall hold formal discussions during a period of twenty (20) Working Days to attempt to resolve the dispute in good faith. If the Authority’s authorised representative and the Supplier’s Managing Director determine in good faith that resolution through continued discussions does not appear likely within such twenty (20) working day period, then the parties will attempt to settle the dispute by mediation in accordance with the Centre for Effective Dispute Resolution’s (CEDR’s) Model Mediation Procedure.
30.3 The specific format for the discussions shall be determined at the discretion of the parties, but may include the preparation of agreed statements of fact or written statements of position.
30.4 Proposals and information exchanged during the informal proceedings described in this clause between the parties shall be privileged, confidential and without prejudice to a party’s legal position in any formal proceedings. All such proposals and information, as well as any conduct during such proceedings, shall be considered settlement discussions and proposals, and shall be inadmissible in any subsequent proceedings.
30.5 In the event that the parties fail to agree the resolution of the dispute at the end of the mediation, either party may then invoke legal proceedings to seek determination of the dispute.
30.6 The parties agree that they shall not commence legal proceedings until the Dispute Resolution Procedure has been exhausted.
30.7 The Supplier shall continue to provide the Product and/ or Services in accordance with the terms of this Agreement until a dispute has been resolved.
30.8 Nothing in this Dispute Resolution Procedure shall prevent the parties from seeking from any court of the competent jurisdiction an interim order restraining the other party from doing any act or compelling the other party to do any act.
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: We comply with public contract regulations
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