❓ Hon Ray Halligan asks about outstanding creditor payments for the Great Southern Development Commission (GSDC) and measures taken to expedite them. The GSDC reports a small amount outstanding to one creditor due to grant conditions.
AnsweredQoN 5152Legislative Council
QuestionView source ↗
(1) The amount and number of creditors outstanding for greater than 120 days, as at 30 June 2007?
(2) What measures, if any, have been taken in the period between 1 July 2006 and 30 June 2007 to expedite payments to creditors?
(2) What measures, if any, have been taken in the period between 1 July 2006 and 30 June 2007 to expedite payments to creditors?
AnswerView source ↗
Answered
18 September 2007
Responded by
Minister for Great Southern
Response time
21 days
Great Southern Development Commission
(1) $2,750.00 - One (1) Creditor
(2) GSDC pays most creditors within 30 days of receipt of invoices.
The exception to this is where conditions are attached to payments such as grants or if goods received do not match original purchase order and negotiation delays payment.
The above invoice is a grant payment which requires audited financial documentation in order for the Commission to release the final milestone payment. GSDC can not pay this until the documentation meets the requirements as set out in the contract.
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(1) $2,750.00 - One (1) Creditor
(2) GSDC pays most creditors within 30 days of receipt of invoices.
The exception to this is where conditions are attached to payments such as grants or if goods received do not match original purchase order and negotiation delays payment.
The above invoice is a grant payment which requires audited financial documentation in order for the Commission to release the final milestone payment. GSDC can not pay this until the documentation meets the requirements as set out in the contract.
Notice: This document is created or edited using unregistered or evaluation copy of rtLib valid for testing or development purposes only. To use it for productive or any other purposes please register it. You may purchase the license on
http://www.rtlib.com
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