Prompt Payment Report: 2020 Update

Download the free report and find out the impact of the government's new procurement policy.

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Has the 2019 procurement plan been a success?

In September 2019, the government made big changes to their procurement policy. It meant that suppliers with poor payment practices risked exclusion.

The question is: how effective was this change? And, what does the data say?

We'll pull back the curtain and show you exactly what's been happening in this free report. Although previously we've avoided naming suppliers, in this document, we'll share everything. 

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Check out what the data says

All insights in this report were drawn from our proprietary database of aggregated, cleansed and structured data on UK public sector procurement and spending.

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Business data

We look at 6,841 companies who published their payment practices data for 2019.

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UK spend figures

In 2018 and 2019 the UK government spent roughly £18.5bn with firms which report payment practices.

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Poor performers

Find out more about the £1.1bn spent with poor payment performers.

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Trustworthy sources

We combined data on public procurement with published invoices data.

Insight-driven UK public spend information

The change in policy resulted in some big changes in behavior from suppliers. With our report, you'll have access to the data to find out exactly what happened.

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Recieve your free copy today

 

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Benefits of prompt payment

We share how much value was won by suppliers who were prompt in payment.

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What's changed

Find out how compliance amongst firms earning more than £100 million altered.

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Hard data

We'll name suppliers and give you precise numbers - everything's on the table.

What our customers say about us

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"Tussell has become essential to Serco’s public sector business development"

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"We have found value in our usage. It has helped us identify several opportunities that are now in our pipeline."

Jason Adolf VP of Public Sector

SAS

"We use the platform almost daily to find intelligence on awarded contracts, framework procurement routes, possible partners and contract end dates for potential pipeline building"

Neil Cruden Framework & Procurement Compliance Specialist

Palladium

"Tussell has informed our go-to-market strategy by enabling us to hone in on those government departments that spend on the types of services we offer"

Sinéad Magill Managing Partner (EMEA)

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"Great boost to start the year, it shows our investment in the platform and your help is paying dividends"

Kevin Fennelly Market Executive

Discover the impact of the government's 2019 procurement policy

Download to find out which suppliers are still able to big on public sector contracts, despite having poor payment practices. 

 

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