JONES LANG LASALLE SERVICES LIMITED

Standard payment terms

Jones Lang LaSalle Services does not have one standard payment terms used for qualifying contracts. The standard payment terms used by Jones Lang LaSalle Services are agreed with suppliers on a one to one case. Where we enter into standard terms with suppliers and upon receipt of a valid invoice, those invoices are included in a weekly payment run as they fall due. Jones Lang LaSalle Services also act as Principal for a portfolio of clients and pay suppliers on behalf of their clients. In this instance payment terms and payment runs are determined by the funding terms with those clients.

Were there any changes to the standard payment terms in the reporting period?

No information available

Any other information about payment terms

N/A

Maximum contractual payment period agreed

90

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