BOUYGUES E&S INFRASTRUCTURE UK LIMITED
Company number: 00707875
Reporting period:
1 July 2022 to
31 December 2022
This report was filed on 24 January 2023
and approved by Jean Luc Midena
Payment statistics
Average time taken to pay invoices: 37 days
Invoices paid:
- within 30 days: 48%
- in 31 to 60 days: 48%
- in 61 days or more: 4%
Invoices due but not paid within agreed terms: 13%
Payment terms
Shortest standard payment periods
30 days
Longest standard payment period
60 days
Standard payment terms
Standard payment terms are 30 or 60 days from the date of invoice.
Were there any changes to the standard payment terms in the reporting period?
Answer not provided
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
The statistical information provided includes payments to both suppliers and subcontractors. All invoices received require a valid purchase order number. Any invoice received without a valid purchase order number is returned unpaid with a request to resubmit the invoice with the required information
Dispute resolution process
Bouygues E&S Infrastructure UK Limited is committed to fair dealing with all of its supply chain members, and transparency and swift resolution of disputed items are key principles in this process. The company has dedicated teams, based at a UK Group Shared Service Centre, for dealing with all supplier and subcontractor invoice processing, queries and statement reconciliations. Formal Dispute Resolution Processes are included as terms within contractual agreements signed with suppliers and subcontractors. The company makes every effort to resolve disputes and queries in a timely manner and within agreed payment terms.
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, 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