Prompt Payment Report: 2020 Update
Download the free report and find out the impact of the government's new procurement policy.
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.
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.
We look at 6,841 companies who published their payment practices data for 2019.
UK spend figures
In 2018 and 2019 the UK government spent roughly £18.5bn with firms which report payment practices.
Find out more about the £1.1bn spent with poor payment performers.
We combined data on public procurement with published invoices data.
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Benefits of prompt payment
We share how much value was won by suppliers who were prompt in payment.
Find out how compliance amongst firms earning more than £100 million altered.
We'll name suppliers and give you precise numbers - everything's on the table.
What our customers say about us
"Tussell has become essential to Serco’s public sector business development"
"We have found value in our usage. It has helped us identify several opportunities that are now in our pipeline."
"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"
"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"
"Great boost to start the year, it shows our investment in the platform and your help is paying dividends"
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.