UK SBS Research on prompt payment
Estimated value
£30k
Awarded value
£26k
Suppliers
1
Lots
1
Published
18 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