VEC Administration Centre, Market Street, Monaghan.
Tel: 047 30888 Fax: 047 30889 E-mail: educ@monaghanvec.ie

Reduction in Payment Periods for Commercial Transactions

Prompt Payments by the Health Service Executive, the Local Authorities, State Agencies and all other Public Sector Bodies

Reporting Template pursuant to Government Commitments in the National Recovery Plan 2011-2014 and the EU/IMF Programme of Support for Ireland – Programme Documents

Parent Government Department: Department of Education and Skills

Public Sector Body:  Co Monaghan VEC

Quarterly Period Covered:  01 January 2012 to 31 March 2012

Details

Number

Value (€)

Percentage (%) of total number of payments made

Number of payments made within 15 days

1331

5,017,629.98

83

Number of payments made within 16 days to 30 days

234

147,184.45

15

Number of payments made in excess of 30 days

34

20,173.64

2

Total payments made in Quarter

1599

5,184,988.07

100

[1]Disputed Invoices

(see foot note)

0

0.00

0

[1]Invoices received during the quarter and still under dispute at the end of the quarter

Signed:  Martin G. O’Brien

Date: 05 April 2012