And on the day we agreed that the interim account should be paid, it gets paid from this account. And if you can’t afford to put a month’s worth of money into a trust account in advance, you can go ...

There has been a lot written about project bank accounts (PBA) in recent months. At times, however, the information has been rather inconsistent and confusing. I was instrumental in setting up the PBA ...

Use of a project bank account prevents this. On the other hand, if a government department wants an infrastructure project, it should be prepared to pay a fair price for it.

Related Links: Prime Minister Announces Supply Chain Finance Scheme Highways Agency Project Bank Accounts Q&A Since the recession, U.K. subcontractors and suppliers have found themselves ...

For healthy growth we need to support our entrepreneurs and small businesses, writes Debbie Abrahams MP, and it’s time that late payment is v ...

THE UK Government has been urged to extend the use of project bank accounts for all major public contracts to ensure small firms do not get caught up in financial catastrophes such as the collapse ...