BidCraft signs the Prompt Payment Code

The Prompt Payment Code (PPC) is a voluntary code of practice for businesses, administered by the Office of the Small Business Commissioner (SBC) on behalf of BEIS.

The code sets standards for payment practices between organisations of any size and their suppliers.

Signatories undertake to:

1. Pay suppliers on time, within agreed terms

2. Give clear guidance to suppliers on terms, dispute resolution and prompt notification of late payment

3. Support good practice throughout their supply chain by encouraging adoption of the Code.

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