Average Payment Period (PMP) of Local Entities

“Monthly publication of the Executive Report of the Medium Payment Period (PMP) of the EE.LL. calculated in accordance with the provisions of Royal Decree 635/2014, of July 25. For the EE.LL. of the transfer model, information is published every month; for the variable model each quarter, that is, the months of March, June, September and December. It is a synthetic index and comparable to that of other administrations that establishes the late payment of the commercial debt of a local corporation. It is an index that represents the sustainability of the commercial debt of a public administration.”