SPACE Architects (Europe) Ltd is committed to paying its supply chain partners promptly and in full.
We aim to pay at least 95% of valid invoices within 60 days and all invoices within agreed contractual terms.
The Practice operates a monthly payment run, with invoice cut-off dates clearly communicated to suppliers. We are reviewing the introduction of a mid-month payment run to support timely payments further.
On some projects, pay-when-paid arrangements apply. Where this is the case, these terms are agreed at the appointment, and suppliers are kept informed of the client's payment status. Payments are released promptly once client funds are received.
Prompt payment performance is reviewed regularly at the Board level as part of the Practice’s governance arrangements, and any delays are investigated to support continuous improvement.