UDC  is a signatory to the Prompt Payment Code

18 Nov 2019

UDC  is a signatory to the Prompt Payment Code.  As an approved signatory, UDC promises to continue to honour the following:

Pay Suppliers on Time

  • within the terms agreed at the outset of the contract
  • without attempting to change payment terms retrospectively
  • without changing practice on length of payment for smaller companies on unreasonable grounds

Give Clear Guidance to Suppliers

  • providing suppliers with clear and easily accessible guidance on payment procedures
  • ensuring there is a system for dealing with complaints and disputes which is communicated to suppliers
  • advising them promptly if there is any reason why an invoice will not be paid to the agreed terms

Encourage Good Practice

  • by requesting that lead suppliers encourage adoption of the code throughout their own supply chains

Please do not hesitate to get in  touch by calling 0845 468 0250 or email info@udc-ltd.co.uk to discuss your requirements.