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Read MoreThis guide is to provide you with the update to the 30-day payment rule on public sector contracts. The requirements for the rule in effect are outlined below and some examples are given to help better understand the process.
Regulation 113 of the Public Contracts Regulations 2015 applies to public sector contracts entered into by:
Regulation 113 imposes a duty on contracting authorities to ensure that contracts with their tier 1 contractors contain
a requirement to make payments within 30 days.
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