UDC is a signatory to the Prompt Payment Code. As an approved signatory, UDC promises to continue to honour the following:
Pay Suppliers on Time
- within the terms agreed at the outset of the contract
- without attempting to change payment terms retrospectively
- without changing practice on length of payment for smaller companies on unreasonable grounds
Give Clear Guidance to Suppliers
- providing suppliers with clear and easily accessible guidance on payment procedures
- ensuring there is a system for dealing with complaints and disputes which is communicated to suppliers
- advising them promptly if there is any reason why an invoice will not be paid to the agreed terms
Encourage Good Practice
- by requesting that lead suppliers encourage adoption of the code throughout their own supply chains
Please do not hesitate to get in touch by calling 0845 468 0250 or email info@udc-ltd.co.uk to discuss your requirements.
