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Prompt Payment Data 2017

Teagasc Prompt Payments Quarterly Report October 2017 - December 2017

Payments MadeNumberValuePercentage
Total 16,586 23,807,492.24 100%
Payments made within 15 days 13,682 18,378,971.08 82%
Payments made within 16 days to 30 days 2,294 4,369,149.35 14%
Payments made in excess of 30 days that were subject
to LPI and compensation costs		 33 195,092.78 1%
Payments made in excess of 30 days that were not subject
to LPI and compensation costs		 577 4,173,956.57 3%
Amount of late payment interest (LPI) paid in Quarter N/A 2,310.00 N/A
Amount of compensation costs paid in Quarter N/A 2,310.00 N/A

 

Teagasc Prompt Payments Quarterly Report July 2017 - September 2017

Payments MadeNumberValuePercentage
Total 7,376 15,497,551.59 100%
Payments made within 15 days 4,321 11,060,238.43 59%
Payments made within 16 days to 30 days 2,201 2,965,793.81 30%
Payments made in excess of 30 days that were subject
to LPI and compensation costs		 55 244,273.34 1%
Payments made in excess of 30 days that were not subject
to LPI and compensation costs		 799 1,227,246.01 10%
Amount of late payment interest (LPI) paid in Quarter N/A 1,850.05 N/A
Amount of compensation costs paid in Quarter N/A 3,550.00 N/A

 

Teagasc Prompt Payments Quarterly Report April 2017 - June 2017

Payments MadeNumberValuePercentage
Within 15 Days 5,719 9,231,610 62%
Within 16 to 30 Days 2,251 3,387,322 25%
In excess of 30 Days 1,206 1,784,339 13%
Total 9,176 14,403,272 100.00%
Disputed Invoices* 94 165,562 N/A

*Invoices received during the quarter and still under dispute at the end of the quarter.

Teagasc Prompt Payments Quarterly Report January 2017 - March 2017

Payments MadeNumberValuePercentage
Within 15 Days 4,621 9,088,100 57.9%
Within 16 to 30 Days 2,393 3,368,458 30%
In excess of 30 Days 962 2,552,347 12.1%
Total 7,976 15,008,905 100.00%
Disputed Invoices* 66 80,230 N/A

*Invoices received during the quarter and still under dispute at the end of the quarter.