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Prompt Payment Data 2018

Teagasc Prompt Payments Quarterly Report September 2018 - December 2018

Payments MadeNumberValuePercentage
Total 18,800 33,837,155 100%
Within 15 days 14,504 25,401,464 77%
Within 16 days to 30 days 3,383 6,926,252 18%
In excess of 30 days that were subject to LPI 
and compensation costs
359 489,537 2%
In excess of 30 days that were not subject to LPI 
and compensation costs
554 1,019,902 3%
Amount of late payment interest (LPI) paid in Quarter 359 1,641 N/A
Amount of compensation costs paid in Quarter 359 17,060 N/A

 

Teagasc Prompt Payments Quarterly Report July 2018 - September 2018

Payments MadeNumberValuePercentage
Total 7,968 19,026,817 100%
Within 15 days 4,215 12,305,773 53%
Within 16 days to 30 days 2,682 5,153,380 34%
In excess of 30 days that were subject to LPI 
and compensation costs
519 489,414 4%
In excess of 30 days that were not subject to LPI 
and compensation costs
552 1,078,249 9%
Amount of late payment interest (LPI) paid in Quarter 519 1,745 N/A
Amount of compensation costs paid in Quarter 519 24,270 N/A

Teagasc Prompt Payments Quarterly Report April 2018 - June 2018

Payments MadeNumberValuePercentage
Total 10,543 24,409,642.01 100%
Within 15 days 6,185 17,956,917.04 59%
Within 16 days to 30 days 3,216 4,919,647.77 30%
In excess of 30 days that were subject to LPI
and compensation costs
65 348,051.23 1%
In excess of 30 days that were not subject to LPI
and compensation costs
1,077 1,185,025.97 10%
Amount of late payment interest (LPI) paid in Quarter 65 1,373.76 N/A
Amount of compensation costs paid in Quarter 65 4,550.00 N/A

 

Teagasc Prompt Payments Quarterly Report January 2018 - March 2018

Payments Made:NumberValuePercentage
Total 8,167 19,952,052.79 100%
Within 15 days 4,633 13,319,543.22 57%
Within 16 days to 30 days 2,469 3,985,469.41 30%
In excess of 30 days that were subject to
LPI and compensation costs
63 287,523.58 1%
In excess of 30 days that were not subject to
LPI and compensation costs
1,002 2,359,516.58 12%
Amount of late payment interest (LPI) paid in Quarter 63 2,143.70 N/A
Amount of compensation costs paid in Quarter 63 4,440.00 N/A