Specialists call for protection as pay times lengthen

The problem of late payment is worsening but project bank accounts (PBAs) promise a sunnier future for subcontractors, industry insiders have told Construction News. Speaking in the latest edition of the CN First Site podcast, Roni Savage, managing director at geoengineering specialist Jomas Associates, warned:… The post Specialists call for protection as pay times lengthen appeared first on Construction News.

Parliament rejects plans for mandatory project bank accounts on public projects over £2M

The government has refused an amendment to the Procurement Bill that would have seen project bank accounts (PBAs) made mandatory for public projects valued at over £2M. The post Parliament rejects plans for mandatory project bank accounts on public projects over £2M appeared first on New Civil Engineer.

Government rejects proposal to mandate project bank accounts on public jobs

Labour MP’s amendement would have applied to work valued at more than £2m

Government torpedoes plans for mandatory project bank accounts

The government has refused to back a measure that would have made project bank accounts (PBAs) mandatory for public projects worth more than £2m. On Tuesday (12 June), Debbie Abrahams, the Labour MP for Oldham East and Saddleworth, proposed that the measure was inserted in… The post Government torpedoes plans for mandatory project bank accounts appeared first on Construction News.

More SMEs to benefit National Highways’ project bank accounts

Smaller construction suppliers working on National Highways projects are being automatically opted-in to a scheme that protects payments. The post More SMEs to benefit National Highways’ project bank accounts appeared first on Construction Management.

HS2 Project Bank Accounts “not worth paper they are written on” - Grant Prior and Construction Enquirer News

The reality of construction project bank accounts.

Beale & Co - Webinar Late Payment - Is the Construction Act fit for purpose, 10012021

As part of our ongoing series of webinars on construction law, in this webinar we will consider: 1. the 2011 changes to the Construction Act; 2. key recent case law in relation to the Construction Act including adjudication enforcement; 3. whether in practice the Construction Act is fit for purpose; and 4. recent and prospective legislation in relation to late payment.

Building Magazine - Project bank accounts come of age, 23072020

This article highlights the benefits of Project Bank Accounts on public sector projects and raises the question if legislation should be introduced so Project Bank Accounts are used on all construction projects, both in the public and private sectors

Key Features, Pitfalls and the NEC4 Future - A presentation by 4 New Square

The Manchester Construction afternoon 5 July 2017 a presentation by Fiona Sinclair and Peter Morcos

NEC 4 Key Amendments Summary January 2021

A brief summary of 5 key amendments to NEC 4 construction contracts written by Christopher Dickson of CMS and published by Construction News 15th January 2021

Why has the take up for Project Bank Accounts been so slow?

Why has the take up for Project Bank Accounts been so slow?