UK SBS Research on prompt payment

UK SHARED BUSINESS SERVICES LIMITEDcontractContracts FinderRef BLOJEU-CR16064BISSME suitablecomplete
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Estimated value

£30k

Awarded value

£26k

Awarded 08 Aug 2016

Suppliers

1

Lots

1

1 awarded

Published

18 Jul 2016

Deadline 26 Jul 2016

Description

BIS is about to regulate a new reporting requirement on large firms, giving them a “Duty To Report” on their payment practices to SME suppliers. These reports will require large companies to make a quantitative assessment of the time it takes them to pay suppliers, and a qualitative summary of their payment and dispute procedures. The research should help monitise the estimated cost and identify which large companies would be affected e.g. mostly, large companies in supply chains? We would need to sample a variety of large firms by size and sector, possibly up to around 50 firms in total

Scope

Reference
BLOJEU-CR16064BIS
Total value
£30,000 excluding VAT
Commercial tool
Standalone contract
Contract dates
07 Aug 2016 to 15 Sept 2016
CPV classifications
79300000 73200000
Particular suitability
Small and medium-sized enterprises (SME)

Submission & procedure

Submission deadline
26 Jul 2016, 11:00 pm

Award details

Awarded supplier(s), contract period and value as published in the award notice.

Awarded value

£26k

Award date

08 Aug 2016

Contract start

07 Aug 2016

Contract end

15 Sept 2016