The magic bullet
Language: English Series: Building ; 271(8423) 24 March 2006, 53(1)Publication details: 2006Subject(s): Summary: Argues for the introduction of project bank accounts to improve the payment process on contracts for the 2012 Olympics and other major projects. Outlines the key factors for consideration when setting up such an account, including the status of the account, the procedure for paying into and out of the account, and whether a side-agreement is required for the project team's contracts. The author believes that project bank accounts will encourage genuine teamworking by ending payment problems.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | L132961 (Browse shelf(Opens below)) | 1 | Available | 132961-1001 |
Argues for the introduction of project bank accounts to improve the payment process on contracts for the 2012 Olympics and other major projects. Outlines the key factors for consideration when setting up such an account, including the status of the account, the procedure for paying into and out of the account, and whether a side-agreement is required for the project team's contracts. The author believes that project bank accounts will encourage genuine teamworking by ending payment problems.