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KENT CATHOLIC SCHOOLS' PARTNERSHIP

Company number: 08176019

Reporting period:
1 March 2023 to 31 August 2023

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This information is as reported by the business, and responses are in their own words.

This report was filed on 23 October 2023

and approved by Mark Harris

Payment statistics

Average time taken to pay invoices: 23 days

Invoices paid:

• within 30 days: 81%
• in 31 to 60 days: 14%
• in 61 days or more: 5%

Invoices due but not paid within agreed terms: 25 %

Payment terms

Shortest standard payment period

0 days

Longest standard payment period

30 days

Standard payment terms

Standard Payment Terms is 30 days.

Were there any changes to the standard payment terms in the reporting period?

No

Maximum contractual payment period agreed

30 days

Any other information about payment terms

N/A

Dispute resolution process

During any dispute, including a dispute as to the validity of the contract, it is agreed that the supplier shall continue its performance of the provisions of the contract (unless the Client requests in writing that the supplier does not do so).

In the case of a dispute arising out of or in connection with this contract the supplier and the client shall make every reasonable effort to communicate and cooperate with each other with a view to resolving the dispute and follow the procedure set out in the Schedule before commencing court proceedings.

If any dispute arises out of the contract either party may serve notice on the other party to commence formal resolution of the dispute. Level 1 of the management levels of the dispute will commence on the date of service of the dispute notice. Respective representatives, shall have five business days at each level to resolve the dispute before escalating the matter to the next level as appropriate.

If the procedure set out in above fails to resolve such disputes, the parties will attempt to settle it by mediation: (a) with the centre for effective dispute resolution ("CEDR"); or (b) if agreed in writing by the parties, with any other alternative mediation organisation, using the respective model procedures of CEDR or such other mediation organisation.

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 Prompt Payment Code must commit to paying 95% of their invoices within 60 days.

No

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