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Prompt Payment Data 2020

Teagasc Prompt Payments Quarterly Report October 2020 - December 2020

 NumberValuePercentage
Total of payments made 9,020 20,125,730.64 100%
Within 15 days 3,429 11,339,258.90 38%
Within 16 days to 30 days 4,647 7,407,258.90 52%
In excess of 30 days that were subject to LPI and compensation costs 156 205,424.89 2%
In excess of 30 days that were not subject to LPI and compensation costs 788 1,173,612.37 8%
Amount of late payment interest (LPI) paid in Quarter N/A 799.34 N/A
Amount of compensation costs paid in Quarter N/A 7,440.00 N/A


Teagasc Prompt Payments Quarterly Report July 2020 - September 2020

 NumberValuePercentage
Total of payments made 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 

 NumberValuePercentage
Total of payments made 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

 NumberValuePercentage
Total of payments made 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 LPI and compensation costs 255 834,589.88 4%
In excess of 30 days that were not subject to LPI and compensation costs 464 636,774.10 6%
Amount of late payment interest (LPI) paid in Quarter N/A 855.14 N/A
Amount of compensation costs paid in Quarter N/A 12,260.00 N/A