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Teagasc Prompt Payments Quarterly Report October 2023 – December 2023

Payments Made: Number Value Percentage
Total 9,063  €21,751,170  100% 
Within 15 days 2,451 €7,247,927 27%
Within 16 days to 30 days 5,985 €12,803,907 66%
In excess of 30 days that were subject to
LPI and compensation costs
235 €481,844 3%
In excess of 30 days that were not subject to
LPI and compensation costs
392 €1,217,492 4%
Amount of late payment interest (LPI) paid in Quarter N/A €1,177 N/A
Amount of compensation costs paid in Quarter N/A €11,890 N/A

Teagasc Prompt Payments Quarterly Report July 2023 – September 2023

Payments Made: Number Value Percentage
Total 8,286  €17,953,684  100% 
Within 15 days 2,884 €6,443,639 35%
Within 16 days to 30 days 4,634 €9,534,500 56%
In excess of 30 days that were subject to
LPI and compensation costs
201 €436,425 2%
In excess of 30 days that were not subject to
LPI and compensation costs
567 €1,539,120 7%
Amount of late payment interest (LPI) paid in Quarter N/A €1,629 N/A
Amount of compensation costs paid in Quarter N/A €10,036 N/A

Teagasc Prompt Payments Quarterly Report April 2023 – June 2023

Payments Made: Number Value Percentage
Total 7,883  €14,491,725  100% 
Within 15 days 2,988 €5,788,358 38%
Within 16 days to 30 days 4,260 €6,904,702 54%
In excess of 30 days that were subject to
LPI and compensation costs
178 €391,186 2%
In excess of 30 days that were not subject to
LPI and compensation costs
457 €1,407,480 6%
Amount of late payment interest (LPI) paid in Quarter N/A €1,188 N/A
Amount of compensation costs paid in Quarter N/A €9,100 N/A

Teagasc Prompt Payments Quarterly Report January 2023 – March 2023

Payments Made: Number Value Percentage
Total 8,569  €17,599,809  100% 
Within 15 days 3,533 €8,846,484 41%
Within 16 days to 30 days 4,305 €7,405,413 50%
In excess of 30 days that were subject to
LPI and compensation costs
165 €263,041 2%
In excess of 30 days that were not subject to
LPI and compensation costs
566 €1,084,870 7%
Amount of late payment interest (LPI) paid in Quarter N/A €802.95 N/A
Amount of compensation costs paid in Quarter N/A €8,052 N/A