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Prompt Payment Data

Teagasc Prompt Payments Quarterly Report July 2020 - September 2020

Payments Made:NumberValuePercentage
Total 6,085 12,584,535.28 100%
Within 15 days 2,380 5,447,263.60 39%
Within 16 days to 30 days 3,048 5,118,054.16 50%
In excess of 30 days that were subject to LPI and compensation costs 246 507,704.85 4%
In excess of 30 days that were not subject to LPI and compensation costs 411 1,511,512.67 7%
Amount of late payment interest (LPI) paid in Quarter N/A 1,529.39 N/A
Amount of compensation costs paid in Quarter N/A 12,720.00 N/A

Teagasc Prompt Payments Quarterly Report April 2020 - June 2020 

Payments Made:NumberValuePercentage
Total 6,444 10,737,000.22 100%
Within 15 days 1,587 3,106,591.55 25%
Within 16 days to 30 days 4,251 5,990,221.31 66%
In excess of 30 days that were subject to  230 398,174.04 3%
LPI and compensation costs
In excess of 30 days that were not subject to  376 1,242,013.32 6%
LPI and compensation costs
Amount of late payment interest (LPI) paid in Quarter 230 2,738.86 N/A
Amount of compensation costs paid in Quarter 230 11,600.00 N/A

Teagasc Prompt Payments Quarterly Report January 2020 - March 2020  

Payments Made:NumberValuePercentage
Total      7,273  13,392,656.73 100%
Within 15 days      3,150 6,007,296.90 43%
Within 16 days to 30 days      3,404 5,913,995.85 47%
In excess of 30 days that were subject to         255 834,589.88 4%
LPI and compensation costs
In excess of 30 days that were not subject to         464 636,774.10 6%
LPI and compensation costs
Amount of late payment interest (LPI) paid in Quarter        255 855.14 N/A
Amount of compensation costs paid in Quarter        255 12,260.00 N/A