| 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 2019 - 30 Jun 2019 | 26 Jul 2019 | 0 | 0% | 0% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
Amey Holdings plc has a number of standard payment terms in place which vary depending on product type, service, business unit and client. These are summarised below: • Materials suppliers – 30 days from end of month of invoice date. • Service Suppliers – 30 days from invoice.
Were there any changes to the standard payment terms in the reporting period?
No information available
Any other information about payment terms
None
Maximum contractual payment period agreed
60
In accordance with good practice we aim to validate all invoices in a timely manner with any discrepancies or queries being referred to the supplier or subcontractor for resolution or invoice correction.
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
Amey Holdings Limited is a British multinational infrastructure support service provider, operating in the public and private sectors. The company offers a wide range of services, including utilities, highways, waste management, and environmental consulting.
Amey is committed to sustainability and has a dedicated sustainability program in place. The company has set ambitious targets to reduce carbon emissions, waste generation, and water consumption. They also work closely with their clients to help them achieve their sustainability goals.
One of Amey's key sustainability initiatives is their "One Planet Thinking" strategy, which focuses on reducing their environmental impact, creating social value, and promoting sustainable economic growth. The company also invests in renewable energy sources and promotes sustainable practices within their supply chain.
Amey's products and services are designed to support sustainable development. For example, their waste management services prioritize recycling and reducing waste to landfill. They also offer sustainable solutions for highways maintenance, such as using recycled materials and implementing energy-efficient technologies.
The company is led by a team of experienced professionals, including Chief Executive Officer Amanda Fisher and Chairman Sir John Parker. Amey's registered office address is The Sherard Building, Edmund Halley Road, Oxford Science Park, Oxford OX4 4DQ, United Kingdom.
For more information about Amey and their services, please visit their website at www.amey.co.uk.