Our Procurement Strategy

Balfour Beatty, a prominent construction and infrastructure firm, has released its Procurement Strategy for supply chain partners. The strategy highlights the company's commitment to its values of Lean, Expert, Trusted, Safe, and Sustainable. Balfour Beatty works with approximately 6,500 supply chain partners in the UK and processes around 445,000 invoices annually. The company's adherence to the UK Prompt Payment Code is evident, as it paid 96% of invoices within 60 days and 77% of invoices from businesses with less than 50 employees within 30 days. Balfour Beatty aims to standardize its payment processes and enhance accuracy and transparency through technology implementation.

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Our Procurement Strategy - Balfour Beatty

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