Public Procurement and Property
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New Construction Policy Note (CPN) 7/2020
12th August 2020 by Lorraine Carlyle
Giving subcontractors availability and accessibility to enable them to join a Project Bank Account.
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Coronavirus (COVID-19): Project bank accounts signing requirements during COVID-19 CPN 2/2020
15th April 2020 by Lorraine Carlyle
New policy note advises on a change to signing trust documents for project bank accounts.
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Construction Policy Note 7/2019
6th December 2019 by Eddie Chapman
An operational review template has been added to our project bank account guidance.
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Including Project Banks Accounts in annual procurement reports
24th July 2019 by Lorraine Carlyle
Using Project Bank Accounts (PBAs) is an easy way to score in your annual procurement report and evidence how you’re meeting statutory guidance
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Project bank accounts – paying the supply chain faster
14th May 2019 by Eddie Chapman
In this video Colin Judge talks project bank accounts and explains the changes to policy and procedure that came into effect in March 2019.
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Scottish Government lowers Project Bank Account thresholds
22nd February 2019 by Eddie Chapman
More subcontractors will be able to benefit from prompt and protected payments on another £250m of public construction contracts.
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New Banking Services framework agreement
1st August 2018 by Lorraine Carlyle
Framework providing banking services including current accounts, deposit accounts, Project Bank Accounts, electronic and internet banking.
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Project Bank Accounts – three reasons why
17th May 2018 by Eddie Chapman
Three reasons why there is an increasing focus on Project Bank Accounts as a way of making sure subcontractors in the construction sector get paid quickly.
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Project Bank Accounts – one year on
31st October 2017 by Sarah McLeod
Find out what we have been doing over the last year.