Supplier Payment Summary

Under regulation 113 (7) of the Public Contract Regulations 2015, the University is required to publish an annual statement of performance to include the proportion of invoices paid within 30 days of receipt of an un-disputed invoice, the total amount of any liability to pay interest and the actual total amount of interest paid. This is for the University of Derby Group, which includes the University alongside Derbyshire Student Residences Ltd and University of Derby Theatre Ltd.

 

2021-2022

Payment date from 01/08/2021 to 31/07/2022

Unit Bank of England Reference Rate % Under 30 Days

Interest entitled to claim (£)
University of Derby Group

0.10-1.25*

 91.64

33,084.41

*01/08/21-15/12/21: 0.10%; 16/12/21-02/02/22: 0.25%; 03/02/22-16/03/22: 0.50%; 17/03/22-04/05/22: 0.75%; 05/05/22-15/06/22: 1%; 16/06/22-31/07/22: 1.25%.

 

2020-2021

Payment date from 01/08/2020 to 31/07/2021

Unit Bank of England Reference Rate % Under 30 Days

Interest entitled to claim (£)
University of Derby Group

0.10

 93.09

23,354.05

 

2019-2020

Payment date from 01/08/2019 to 31/07/2020

Unit Bank of England Reference Rate % Under 30 Days

Interest entitled to claim (£)
University of Derby Group

0.75-0.10*

 87.64

41,047.15

 Amount of interest paid due to late payment £424.83

* 0.75% from 01/08/2019, 0.25% from 11/03/2020; 0.10 from 19/03/2020 until 31/07/2020

 

2018-2019

Payment date from 01/08/2018 to 31/07/2019

Unit Bank of England Reference Rate % Under 30 Days

Interest entitled to claim (£)
University of Derby Group 0.75 87.15

56,343.95

Amount of interest paid due to late payment £988.51.

 

2017-2018

Data pre-2018 is split between the three legal entities that make up the University of Derby Group.

Payment date from 01/08/2017 to 31/07/2018

Unit Bank of England Reference Rate % Under 30 Days Interest entitled to claim (£)
University of Derby 0.50 73.13 57,203.70
Derbyshire Student Residences Ltd 0.50 93.08 525.24
University of Derby Theatre Ltd 0.50 87.20 542.36

Amount of interest paid due to late payment £718.08.

 

2016-2017

Payment date from 01/08/2017 to 31/07/2018

Unit Bank of England Reference Rate % Under 30 Days Interest entitled to claim (£)
University of Derby 0.25 79.55 41,135.17
Derbyshire Student Residences Ltd 0.25 94.54 1087.31
University of Derby Theatre Ltd 0.25 88.17 1404.15

 Amount of interest paid due to late payment is £256.24