000 01007cab a2200181 4500
001 ##L133781
008 060609n2006 000 0 eng u
035 _a(Sirsi) u133781
041 0 _aeng
100 1 _aKlein, Rudi
245 0 0 _aWe're banking on the project
260 _c2006
490 0 _aConstruction News
_v(6970) 8 June 2006, 24(1)
520 _aConsiders the merits of project bank accounts, which eliminate inefficiencies in the current payment systems within the construction industry, and provide greater certainty of payment to contractors, consultants and suppliers further down the supply chain. Because the money in these accounts is held in trust, it cannot be claimed by a liquidator if one of the parties becomes insolvent. The accounts also help to generate trust between the parties, thereby contributing to genuine team working and partnering.
651 4 _aUnited Kingdom
_y
690 _aBUILT ENVIRONMENT-CONSTRUCTION MANAGEMENT-BUILDING CONTRACT ADMINISTRATION
942 _n0
999 _c77202
_d77202