Prompt Payment Code for Delta-Simons
10 Dec 2020
Delta-Simons are pleased to announce that we are now a signatory of the Prompt Payment Code (PCC). The PPC Code sets the gold standard in payment terms and plays and important role in bringing about a culture change in payment practises.
The PPC is administered by the Small Business Commissioner on behalf of the Department for Business, Energy and Industrial Strategy (BEIS).
The Small Business Commissioner is responsible for regulation and governance of the Prompt Payment Code and signatories of the code. He has the power to determine which companies become signatories and investigate complaints concerning any signatories. These investigations can result in the Prompt Payment Code Compliance Board suspending or removing signatories from the code.
Further information about the Prompt Payment Code http://www.smallbusinesscommissioner.gov.uk