Bid with Confidence: Navigating Payment Terms in Local Authority Tenders

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:

• Why early payment is growing in popularity
• How early payment works for both buyers and suppliers
• Why early payment is a true alternative to traditional finance
• How fairness is baked into early payment pricing
• How early payment is treated in bid scoring matrices

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.