The County Council's Accounts Payable Policy
April 25, 2022 Audit, Risk and Governance Committee (Committee) Awaiting outcome View on council websiteThis summary is generated by AI from the council’s published record and supporting documents. Check the full council record and source link before relying on it.
Summary
The Audit, Risk and Governance Committee decided to approve Lancashire County Council's new Accounts Payable Policy on 25/04/2022. The policy establishes a "no purchase order, no payment" rule for goods and services. It also outlines authorisation limits for purchase orders, supplier invoice requirements, and payment terms, including an urgent payment procedure with a potential £100 processing charge for persistent use.
Full council record
Purpose
The County Council's Accounts Payable Policy
Details
| Outcome | For Determination |
| Decision date | 25 Apr 2022 |