UCD has signed up to the Prompt Payment Code!
We’re delighted to announce that User Centric Design (UCD) has signed up to the Prompt Payment Code (PPC). By joining this initiative, we commit to ensuring fair and timely payments to all our suppliers.
The Prompt Payment Code (PPC) sets standards for payment practices and best practice and is administered by the Small Business Commissioner on behalf of the Department for Business and Trade (DBT). The Code covers prompt payment, as well as wider payment procedures.
- Office of the Small Business Commissioner
The criteria for joining the Prompt Payment Code is:
Pay suppliers on time
Give clear guidance to suppliers
Encourage good practice
Pay 95% of all invoices within 60 days
Pay 95% of all invoices within 30 days where the supplier is a small business with fewer than 50 employees
Avoid any practices that have an adverse effect on the supply chain
We’re proud to be part of the PPC initiative and look forward to building healthy and strong relationships with future suppliers. For more information, visit PPC - Small Business Commissioner.