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Prompt Payment Data 2022

Teagasc Prompt Payments Quarterly Report October 2022 - December 2022

Payments Made:NumberValuePercentage
Total 9,686 €24,828,955 100%
Within 15 days 4,328 €14,453,332 45%
Within 16 days to 30 days 4,554 €8,255,911 47%
In excess of 30 days that were subject to 
LPI and compensation costs
162 €259,684 1%
In excess of 30 days that were not subject to 
LPI and compensation costs
642 €1,860,028 7%
Amount of late payment interest (LPI) paid in Quarter N/A €812.23 N/A
Amount of compensation costs paid in Quarter N/A €7,590 N/A

Teagasc Prompt Payments Quarterly Report July 2022 - September 2022

Payments Made:NumberValuePercentage
Total 7,668 €16,291,415.70 100%
Within 15 days 3,463 €8,220,383.20 45%
Within 16 days to 30 days 3,496 €6,716,499.09 46%
In excess of 30 days that were subject to 
LPI and compensation costs
131 €217,567.30 2%
In excess of 30 days that were not subject to 
LPI and compensation costs
578 €1,136,966.11 7%
Amount of late payment interest (LPI) paid in Quarter N/A €655.26 N/A
Amount of compensation costs paid in Quarter N/A €6,300 N/A

 

Teagasc Prompt Payments Quarterly Report April 2022 - June 2022

Payments Made:NumberValuePercentage
Total 9,282 €16,855,001.53 100%
Within 15 days 3,058 €6,086,768.95 33%
Within 16 days to 30 days 5,578 €9,239,405.38 60%
In excess of 30 days that were subject to 
LPI and compensation costs
128 €329,597.20 1%
In excess of 30 days that were not subject to 
LPI and compensation costs
518 €1,199,230.00 6%
Amount of late payment interest (LPI) paid in Quarter N/A €1,025.70 N/A
Amount of compensation costs paid in Quarter N/A €6,820.00 N/A

 

Teagasc Prompt Payments Quarterly Report January 2022 - March 2022

Payments Made:NumberValuePercentage
Total 7,262 €16,894,509.95 100%
Within 15 days 3,495 €6,563,079.86 48%
Within 16 days to 30 days 3,020 €8,088,738.89 42%
In excess of 30 days that were subject to 
LPI and compensation costs
148 €525,771.57 2%
In excess of 30 days that were not subject to 
LPI and compensation costs
599 €1,716,919.63 8%
Amount of late payment interest (LPI) paid in Quarter N/A €1,592.34 N/A
Amount of compensation costs paid in Quarter N/A €7,820.00 N/A