The Confederation of British Industry (CBI) has issued a prompt payment code, which is widely recognised in the commercial world. AiB have adopted the principles of that code, which are followed by their purchasing and accounting staff.

AiB is committed to pay suppliers in accordance with the terms of their contract with them which is usually 30 days from receipt of a valid invoice or from receipt of the goods/services (whichever is the later). In order for AiB to meet their contractual obligation, it is important that the invoice provides the details required for the Agency to match it to the original order/contract. In particular, it is essential that suppliers provide all information requested on the purchase order or as specified in the contract. If any of this information is missing, it may delay payment.

Where the supplier lets a sub-contract in connection with an AiB contract then it must include similar prompt payment terms to the above in respect of payments to the sub contractor.