Fair Payment Code
A voluntary UK code under which businesses commit to paying their suppliers fairly and on time.
by Jack Butler-Kettle · About 1 min readShare
Further detail
Read this alongside the Fair Payment Code.
The Fair Payment Code is a voluntary award scheme administered by the Office of the Small Business Commissioner. Membership is a useful point to investigate, but it does not replace the payment terms of your contract or establish that a particular payment will arrive on time.
Check current award information and the agreed dates separately. Our Subcontract payment assessments service supports the application and assessment records; our Main-contract and subcontract administration support service records notice and payment responsibilities.
Sources
- The Fair Payment Code. Office of the Small Business Commissioner.