To ask His Majesty's Government whether project bank accounts (PBAs) were in place on all public sector projects undertaken by ISG Limited for Government departments, in line with the Government's Construction Playbook which states that PBAs “should be used unless there are compelling reasons not to”; and if not, which such projects did not use PBAs, and why.
Answered on
7 November 2024
The Construction Playbook sets out key policies and guidance for how public works projects and programmes are assessed, procured and delivered and includes guidance that “Project Bank Accounts are not always suitable, but should be used unless there are compelling reasons not to”. It is for Contracting Authorities to determine how to implement this guidance appropriately for each contract. The Cabinet Office does not hold data on the use of Project Bank Accounts for other departments.