Public sector boilerplate: Prompt payment | Practical Law

Public sector boilerplate: Prompt payment | Practical Law

A boilerplate clause on prompt payment for use in public sector contracts based on a clause published in guidance issued by the Cabinet Office and the Crown Commercial Service.

Public sector boilerplate: Prompt payment

Practical Law UK Standard Clause 8-501-5064 (Approx. 7 pages)

Public sector boilerplate: Prompt payment

Law stated as at 18 Jun 2021, England, Wales
A boilerplate clause on prompt payment for use in public sector contracts based on a clause published in guidance issued by the Cabinet Office and the Crown Commercial Service.
Note: The Cabinet Office has issued procurement guidance in response to the outbreak of the 2019 novel coronavirus disease (COVID-19). The guidance is addressed in Legal update, Cabinet Office publishes PPN 01/20: Responding to COVID-19, Legal update, Cabinet Office publishes PPN 02/20: Supplier relief due to COVID-19 and Legal update, COVID-19: PPN 03/20 published on use of procurement cards (Cabinet Office). The EC has also published guidance on using the public procurement framework related to the COVID-19 crisis, which is addressed in Legal update, COVID-19: EC publishes guidance on purchasing COVID-19-related supplies and services using EU public procurement framework . See also Legal update, COVID-19: guidance on supporting vital service provision in PFI/PF2 contracts published (Infrastructure and Projects Authority) The contents of this note are potentially affected by this guidance and should be read in conjunction with it.