How long does Mcavoy Modular Offsite Limited take to pay its suppliers?

Standard payment terms

In accordance with the Procurement Act 2023 and associated statutory guidance, the Customer shall take all reasonable steps to ensure that payment is made to the Supplier within the period specified in clause 7.5, and in any event no later than 30 days after receipt of a correctly rendered invoice where required by law or applicable guidance. The Supplier shall ensure that any payments due to its subcontractors or supply chain members in connection with this Contract are made within 30 days of receipt of a valid and undisputed invoice, in compliance with the Procurement Act 2023, and shall include equivalent provisions in any subcontract entered into for the purpose of performing this Contract. The Supplier shall, upon request, provide evidence to the Customer demonstrating compliance with

Dispute resolution

McAvoy is committed to fair dealing with all of our supply chain partners and transparency and timely resolution of disputed items. The key principles in this process are: Disputed invoices will be identified by McAvoy’s Finance Department initially and raised directly with the supply chain partner Supply chain partner can query invoices with our Finance team. If a resolution cannot be reached between the Finance Department and the supply chain partner, as a point of escalation the disputed invoices should then be raised with Senior Management, providing details of the invoice in question and nature of the dispute. Disputes will be assessed internally by Senior Management to judge accuracy and value. If the disputed invoice is deemed appropriate, the senior management will liaise with the