Written answers

Wednesday, 15 September 2021

Department of An Taoiseach

Departmental Expenditure

Photo of Catherine MurphyCatherine Murphy (Kildare North, Social Democrats)
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156. To ask the Taoiseach the amount paid in late interest payments and penalty payments by his Department in each of the years 2017 to 2020 and to date in 2021 in respect of late payments being made to suppliers, service providers and contractors, in tabular form; and the measures the Department has put in place and-or is implementing to reduce late payment interest and penalty payments. [44012/21]

Photo of Micheál MartinMicheál Martin (Cork South Central, Fianna Fail)
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The following table details the amount of Prompt Payment Interest and compensation paid by my Department from January 2017 to the end of June 2021, which are the latest available figures.

These figures are published on the Department's website on a quarterly basis and reported to the Department of Enterprise, Trade and Innovation in compliance with the Late Payments in Commercial Transactions Regulations 2012. My Department has appropriate procedures in place through its financial management system to monitor outstanding purchase orders and invoices to ensure suppliers are paid on time and in accordance with the Government's 15 day prompt payment commitment.

Year Compensation € Interest amount € Total PPI €
2017 330 326.84 €656.84
2018 900 80.43 €980.43
2019 780 271.74 €1,051.74
2020 506.28 155.74 €662.02
2021 190 3.78 €193.78

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