The County Council's Accounts Payable Policy

April 25, 2022 Audit, Risk and Governance Committee (Committee) Awaiting outcome View on council website

This 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

Supporting Documents

Appendix A.pdf
Report.pdf

Details

OutcomeFor Determination
Decision date25 Apr 2022