// payment practices, as filed · company SC190053
BAM FM Ltd: how it pays its suppliers, from its own filing
BAM FM Ltd reports paying its suppliers in an average of 27 days, with 19% of invoices paid later than the agreed terms, for the period 1 January 2026 to 30 June 2026. Across the 1,496 companies that report on construction contracts, the median is 31 days and 14% late. Every figure below is the company’s own, approved by a director and published on the government register; this page reproduces it and says what it means for a subcontractor.
27 days
Average days to pay
longer than 33% of the 1,496 filers; median 31 days
19%
Paid later than agreed
a higher share than 61% of filers; median 14%
89%
Paid within 30 days
2% took longer than 60 days
The terms it declares
- Standard payment terms
- 30 to 55 days
- Maximum contractual period
- 55 days
- Paid in 31 to 60 days
- 9%
- Paid after 60 days
- 2%
- Not paid because of a dispute
- 1%
- Filed on
- 29 July 2026
Their standard terms, in their words
BAM FM Ltd agrees payment terms with vendors as part of contract negotiations and in accordance with all applicable statutory and contractual requirements. During the reporting period, the most frequently applied payment terms were as follows: 1) For contracts relating to the supply of goods and services: 30 days. 2) For contracts relating solely to the supply of goods: up to a maximum of 55 days. 3) For contracts associated with qualifying publicly funded projects: 30 days. These terms represent BAM’s standard approach to payment across qualifying contracts, subject to project-specific requi…
Every filing since Jun 2018
BAM FM Ltd has filed 17 times. The share paid late is down 2 points on the previous filing, and the average days to pay down 2 days. The first filing, for the period to 30 June 2018, reported 46 days and 71% late.
| Period to | Days to pay | Paid late | Within 30 days | Over 60 days |
|---|---|---|---|---|
| 30 June 2026 | 27 | 19% | 89% | 2% |
| 31 December 2025 | 29 | 21% | 78% | 3% |
| 30 June 2025 | 27 | 17% | 83% | 2% |
| 31 December 2024 | 26 | 12% | 87% | 2% |
| 30 June 2024 | 30 | 25% | 75% | 3% |
| 31 December 2023 | 31 | 32% | 69% | 6% |
Retention
- Retention clauses in construction contracts
- yes
- Standard retention rate
- not stated
- In all construction contracts
- no
- Same terms they receive from their own client
- no
- When they apply retention
- BAM FM Ltd applies retention clauses within its vendors only in limited and specific circumstances. Retention is included where it is permitted under the client contract and where its use is considered appropriate following risk-based assessment. The decision to apply retention is not automatically determined by the client’s contractual position and is not normally influenced by whether a vendor is being engaged for the first time, by credit rating, project duration, or contract value. Retention clauses are typically used where there is a material risk of defective or incomplete work that co…
What this means if you are pricing work for them
The share paid later than agreed is the number to read first, because a short term makes an invoice late sooner and a long one hides lateness inside the term. BAM FM Ltd is above the median on that measure, so build the delay into your cash flow before you sign. The average days to pay sits under the median.
On a 30-day term this company’s average lands inside the term, so a late invoice is the exception. When one is late, the calculator shows what statutory interest and the fixed sum add, which the law lets you charge without a clause.
Against the official benchmark: the Department for Business and Trade’s statistics for 2025, published 14 July 2026, put large construction businesses at 33 days to pay with 14% of invoices late by number (13% by value), and all large businesses at 32 days and 15% late. BAM FM Ltd is at or inside the sector figure on days. Its late share is above the sector figure.
What the register does not show: it is self-reported, large companies only, and the filing covers the whole company, not your contract. Read it alongside the notice rules that decide what you are actually owed, and keep your own dates.
Questions subcontractors ask about BAM FM Ltd
- How long does BAM FM Ltd take to pay its suppliers?
- BAM FM Ltd reported an average of 27 days to pay an invoice for 1 January 2026 to 30 June 2026, with 89% of invoices paid within 30 days and 2% taking longer than 60 days. The official 2025 figure for large construction businesses is 33 days.
- Does BAM FM Ltd pay late?
- By its own filing, 19% of BAM FM Ltd's invoices were paid later than the agreed terms, against 14% across large construction businesses in 2025 and a median of 14% among the 1,496 companies on this register that declare construction contracts. That is down 2 points on its previous filing (21% for the period to 31 December 2025).
- Does BAM FM Ltd hold retention?
- Yes. BAM FM Ltd declares retention clauses in its construction contracts, though not in all of them. The filing's own wording is quoted above.
- Can I charge BAM FM Ltd interest on a late invoice?
- Yes, under the Late Payment of Commercial Debts (Interest) Act 1998, from the day after the final date for payment, at 8% over the Bank of England base rate plus a fixed sum per invoice, without any clause in the contract. The calculator works it out for your figures.
Source: the company’s own report on the government’s payment practices service, report 114454, made under the Reporting on Payment Practices and Performance Regulations 2017 and reproduced under the Open Government Licence v3.0. Register copy taken 2 October 2026; comparisons are against the latest filing of each of the 1,496 companies declaring construction contracts. Figures are as filed, not judged. Not legal advice.
// read next
- Pay less notice: what it must say and when it must arriveWhat a pay less notice must contain under s.111 of the Construction Act, the deadline (contract or 7 days before the final date), and what happens if it's late.
- Late payment interest rate UK: how the 8% over base rule works, and why the date mattersUK late payment interest is 11.75% for business invoices due from 1 July 2026. How it is set, the £40/£70/£100 fixed sums, and a worked example on £18,400.
- Which main contractors pay late? What the payment practices register saysTen UK main contractors' filed payment figures: average days to pay, share paid late, report links. Median of 1,496 construction filers: 31 days, 14% late.
- Every company that files on construction contractsThe full A to Z, 1,496 filers, each with its own page.