Basingstoke and Deane Borough Council signed up to the Prompt Payment Code in April 2010.
We recognise that prompt payment is critical to the cash flow of every business, and especially to smaller businesses within the supply chain.
The Prompt Payment Code is about encouraging and promoting best practice between organisations and their suppliers. By signing up to the code, we commit to paying our suppliers within clearly defined terms, and also commit to ensuring there is a proper process for dealing with any issues that may arise.
We hope this means that we can build strong relationships with our customers, safe in the knowledge that they will be paid, and confident that they are working with a council that values the service they provide.