Local Authorities are mandated to pay within 30 days, but some can now pay sooner, offering early payment programmes to their suppliers.
The inclusion of early payment terms as an evaluated criteria in local authority tenders continues to grow, offering benefits to both local authorities and suppliers. But what is early payment? And how do you price early payment into your bid?
In this informative session, Libby Daniels, Director of Client Services at Oxygen Finance, the UK’s #1 provider of early payment programmes to local government, explains how to include early payment in your bid submissions, how early payment programmes work, and why more and more councils are adopting it.
In this session you will learn:
Join us for this straightforward and engaging session to learn how to approach early payment when bidding, and how you can decide whether early payment is for you.
This event is available to view on demand.
Financial technology delivering social value. Oxygen specialise in early payment, the procurement process and public sector insight.