The Early Payment Partnership (EPP) will give our suppliers the opportunity to be paid earlier than contracted, whilst also enabling us to improve payment processes and generate much-needed savings.
Systems are currently being designed and tested. We are running 2 pilot tenders that include the early payment programme and if these come to fruition then they will be the first 2 contracted suppliers to join the scheme.
The official go-live date of this initiative will be towards the end of September after which all tenders over £50,000 will include the EPP as part of the procurement process.
For the programme to be a success it will be essential for orders and invoices to be processed promptly across the council ensuring payments to EPP suppliers are made within 10 days. Your much-needed support in achieving this is appreciated.
We will keep you updated as the launch approaches. In the meantime, if you have any queries please email email@example.com