| Reporting Period | Filing Date | Average Time to Pay (days) | Paid within 30 days | Paid 31-60 days | Paid after 60 days | Not Paid within Terms |
|---|---|---|---|---|---|---|
| 01 Jan 2025 - 30 Jun 2025 | 30 Jul 2025 | 39 | 50% | 42% | 8% | 21% |
| 01 Jul 2024 - 31 Dec 2024 | 30 Jan 2025 | 38 | 48% | 44% | 8% | 24% |
| 01 Jan 2024 - 30 Jun 2024 | 24 Jul 2024 | 38 | 50% | 41% | 9% | 24% |
| 01 Jul 2023 - 31 Dec 2023 | 25 Jan 2024 | 33 | 55% | 40% | 4% | 14% |
| 01 Jan 2023 - 30 Jun 2023 | 27 Jul 2023 | 33 | 55% | 41% | 4% | 20% |
| 01 Jul 2022 - 31 Dec 2022 | 30 Jan 2023 | 31 | 59% | 39% | 2% | 16% |
| 01 Jan 2022 - 30 Jun 2022 | 27 Jul 2022 | 33 | 53% | 45% | 3% | 20% |
| 01 Jul 2021 - 31 Dec 2021 | 27 Jan 2022 | 37 | 36% | 60% | 4% | 20% |
| 01 Jan 2021 - 30 Jun 2021 | 29 Jul 2021 | 37 | 34% | 63% | 3% | 21% |
| 01 Jan 2020 - 30 Jun 2020 | 30 Jul 2020 | 38 | 34% | 61% | 5% | 29% |
| 01 Jul 2019 - 31 Dec 2019 | 28 Jan 2020 | 39 | 35% | 60% | 5% | 21% |
| 01 Jan 2019 - 30 Jun 2019 | 26 Jul 2019 | 40 | 34% | 59% | 8% | 26% |
| 01 Jul 2018 - 31 Dec 2018 | 24 Jan 2019 | 42 | 33% | 57% | 10% | 28% |
| 01 Jan 2018 - 30 Jun 2018 | 26 Jul 2018 | 43 | 29% | 58% | 13% | 34% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Payment terms are agreed with sub-contractors and suppliers as part of contract negotiations and to comply with any statutory and contractual requirements. The most frequently used payment terms in the reporting period for contracts relating to the supply of goods and services are 30 days and for contracts for the Supply of goods, a maximum of 55 days and 30 days when working on a qualifying publicly funded project.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
No additional information
Maximum contractual payment period agreed
60
BAM Construction Ltd is committed to the proactive avoidance of disputes. We prioritise early dialogue and aim to resolve issues through direct engagement with the relevant sub-contractor or supplier. Regular discussions are held at senior management level with our key supply chain partners to maintain strong relationships and address matters promptly. Where a resolution cannot be reached through discussion, a range of formal dispute resolution options are available, including mediation, adjudication, expert determination, and litigation.
Has this business signed up to a code of conduct or standards on payment practices?
For example, signatories to The Prompt Payment Code must commit to paying 95% of their invoices within 60 days.
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Does this business offer e-invoicing in relation to qualifying contracts?
This is where suppliers can electronically submit and track invoices. It's not just allowing suppliers to email them an invoice.
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Does this business offer supply chain finance?
This is where a supplier who has submitted an invoice can be paid by a third-party finance provider earlier than the agreed payment date. The business would then pay the finance provider the invoiced sum.
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Under its payment practices and policies, can this business deduct sums from payments under qualifying contracts as a charge for remaining on a supplier list?
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During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
BAM Construction Limited is registered as a UK construction company and forms part of BAM UK & Ireland, itself part of Royal BAM Group. The wider business designs and delivers buildings and infrastructure across sectors including schools and universities, healthcare, transport, commercial buildings, energy, nuclear and defence, and aviation, alongside facilities management and ground engineering services. Its Companies House record lists construction of commercial buildings as its nature of business, and its registered office is in Hemel Hempstead. The group undertakes projects spanning design, engineering, construction and lifecycle asset management, working with clients on long-term infrastructure and building schemes throughout the UK and Ireland.
Generated from the company's website and Companies House records. Sources: bam.co.uk · bam.co.uk