| 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 2018 - 30 Jun 2018 | 26 Jul 2018 | 60 | 0% | 100% | 0% | 0% |
This information is as reported by the business, and responses are in their own words.
Standard payment terms
BHP’s standard terms provide that it will pay all invoices in the payment run that occurs immediately following the expiry of 60 days after the relevant Invoice is received or, in the case of a recipient created tax invoice, generated, and except where BHP is required by law to pay within a shorter time frame.
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
BHP seeks to advise suppliers promptly of any disputes or reasons why an invoice will not be paid in accordance with the agreed terms. Invoices that are subject to dispute will not be paid until resolution of the dispute. Once resolved, payment will be made in accordance with the terms of the contract. A dispute may be raised at any time by either party to the other party’s nominated dispute resolution representative and the parties will then seek to resolve the dispute within 20 business days (or as otherwise agreed).
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.
❌
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.
❌
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.
❌
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?
❌
During the reporting period, did the business deduct sums from payments as a charge for remaining on a supplier list?
No information available
BHP BILLITON MARKETING UK LIMITED is a global resources company that focuses on the exploration, production, and marketing of minerals, oil, and gas. It is a subsidiary of BHP Group, one of the world's largest mining companies.
The company's sustainability program is at the core of its operations, with a commitment to responsible environmental and social practices. BHP BILLITON MARKETING UK LIMITED aims to minimize its impact on the environment, promote diversity and inclusion, and support local communities in which it operates.
The company offers a wide range of products and services, including iron ore, copper, coal, petroleum, and potash. These resources are used in various industries such as infrastructure, transportation, and energy.
The key people at BHP BILLITON MARKETING UK LIMITED include its CEO, Mike Henry, and its Chairman, Ken MacKenzie. Both have extensive experience in the mining industry and are dedicated to driving the company's growth and sustainability efforts.
For more information, interested parties can visit the company's website at www.bhp.com or contact them at their registered office address: 171 Collins Street, Melbourne, Victoria 3000, Australia. Overall, BHP BILLITON MARKETING UK LIMITED is a leading player in the global resources industry, with a strong focus on sustainability and responsible business practices.