Interest Paid to Suppliers for Late Invoice Payments by a UK Council

City of York Council's reported interest payments to suppliers for late invoice payments, published under procurement transparency obligations. This data is part of a trio of metrics including interest liable and the percentage of invoices paid within 30 days. Records for the 2016/2017 and 2017/2018 financial years may be incomplete due to historical recording system issues.

Use Cases

• Analyzing government payment performance based on reported late payment interest.
• Benchmarking public procurement efficiency against payment timelines mentioned in the description.
• Investigating financial transparency and compliance with reporting obligations for supplier invoices.
• Correlating late payment interest with other published metrics like the percentage of invoices paid within 30 days.

Strengths

• Published under a formal legal obligation (OGL-UK-3.0 license), suggesting an official source.
• Part of a linked set of three related Key Performance Indicators (KPIs) for procurement payment.
• Data is provided in a machine-readable CSV format.

Limitations

• Row count and data scale are unknown, which may limit suitability assessment.
• Column-level documentation is absent; field semantics must be inferred after download.
• The publisher notes potential incompleteness for the 2016/2017 and 2017/2018 financial years.

Provenance

Source

City of York Council, aggregated via Government Digital Service and eu_open_data.

Collection Method

Likely extracted from internal financial systems as part of mandatory KPI reporting.

Time Range

Covers multiple financial years, with specific mention of 2016/2017 and 2017/2018.

Freshness

Last update date is unknown; freshness unverified.

Geography

Local government area of York, United Kingdom.