Prompt Payment Reports
Prompt Payment Procedures
CORU is committed to making every effort to pay its suppliers promptly. In this regard suppliers can help by ensuring that they provide correct invoices, accurate bank account details and by ensuring that their Tax Clearance status with the Irish Revenue Commissioners is up to date.
15-Day Payment Requirement, June 2009
The Government introduced a non-statutory requirement in June 2009 to reduce the payment period to suppliers from 30 to 15 days. Every effort, consistent with proper financial procedures, is being made to ensure that all suppliers are paid within this timeframe. The documents below show CORU’s performance with regard to the 15 day payment requirement since its introduction.