Taunton Deane Borough Council - Financial Services
Payment
of Invoices Policy
As a Council we recognise the need to pay our suppliers, contractors
and other creditors quickly. We aim to meet a national target of
paying 100% of all undisputed invoices within 30 days of receipt
of the invoice.
Our performance over recent years has been very good when compared
to other local authorities:
| Year |
TDBC Target Performance % |
TDBC Actual Performance % |
Average Performance for all English Local Authorities % |
| 2001/02 |
97.50 |
95.50 |
90.00 |
| 2002/03 |
100.00 |
96.20 |
91.00 |
| 2003/04 |
100.00 |
95.80 |
Not yet available |
| 2004/05 |
100.00 |
97.00 (expected) |
100.00 (target) |
Invoices when they arrive at the Council require the proper
checking and authorisation; this takes time however we still aim
to pay undisputed invoices within 30 days of receipt. If you are
not satisfied with the speed of which we pay your invoices then
please contact your regular named contact within the Borough Council.
We can pay your invoices by either cheque or BACS. BACS enables
payment of your invoice direct to your bank account and means that
you to receive payment quicker than if you were paid by cheque.
In order to do this we require written confirmation of your company's
bank account details. If you wish to use the BACS method to receive
payments from the Council then please complete the attached form
and fax it back to the Financial Services Unit on 01823 356520 or
return it to the address shown under contact
us.
If you already receive payments from us via BACS and you subsequently
change your bank details please also use this form to send us your
new details.
Creditors BACS form.(178 kb)
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