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Prompt Payment Data 2021

Teagasc Prompt Payments Quarterly Report October 2021 - December 2021

Payments Made:NumberValuePercentage
Total 9,065 €17,918,456.38 100%
Within 15 days 4,711 €9,263,162.69 52%
Within 16 days to 30 days 3,593 €6,725,772.53 40%
In excess of 30 days that were subject to 
LPI and compensation costs
102 €216,380.66 1%
In excess of 30 days that were not subject to 
LPI and compensation costs
659 €1,713,140.50 7%
Amount of late payment interest (LPI) paid in Quarter N/A €788.18 N/A
Amount of compensation costs paid in Quarter N/A €5,310.00 N/A

Teagasc Prompt Payments Quarterly Report July 2021 - September 2021

Payments Made:NumberValuePercentage
Total 6,404 €12,839,503.81 100%
Within 15 days 2,688 €5,347,866.64 42%
Within 16 days to 30 days 3,081 €6,197,765.45 48%
In excess of 30 days that were subject to 
LPI and compensation costs
176 €229,721.97 3%
In excess of 30 days that were not subject to 
LPI and compensation costs
459 €1,064,149.75 7%
Amount of late payment interest (LPI) paid in Quarter N/A €631.71 N/A
Amount of compensation costs paid in Quarter N/A €8,450.00 N/A

Teagasc Prompt Payments Quarterly Report April 2021 - June 2021

Payments Made:NumberValuePercentage
Total 7,563 €13,989,150.41 100%
Within 15 days 3,546 €6,852,773.24 47%
Within 16 days to 30 days 3,371 €5,887,600.54 44%
In excess of 30 days that were subject to 
LPI and compensation costs
143 €404.747.42 2%
In excess of 30 days that were not subject to 
LPI and compensation costs
503 €844.029.21 7%
Amount of late payment interest (LPI) paid in Quarter N/A €807.43 N/A
Amount of compensation costs paid in Quarter N/A €7,220.00 N/A

Teagasc Prompt Payments Quarterly Report January 2021 - March 2021

Payments Made:NumberValuePercentage
Total 6,880 €24,704,539.59 100%
Within 15 days 2,935 €17,911,832.13 43%
Within 16 days to 30 days 3,041 €4,939,460.24 44%
In excess of 30 days that were subject to 
LPI and compensation costs
252 €383,208.90 4%
In excess of 30 days that were not subject to 
LPI and compensation costs
652 €1,470,038.32 9%
Amount of late payment interest (LPI) paid in Quarter N/A 854.75 N/A
Amount of compensation costs paid in Quarter N/A 11,940 N/A