Project Bank Accounts
Welcome to the Rider Levett Bucknall Project Bank Account site. Here you will find information on how we can help you deliver real benefits through the use of Project Bank Accounts:
Project Bank Accounts (PBAs) are identified in the OGC 'Guide to Best Fair Payment Practices' as the most comprehensive single solution to combat the issue of late payment
The 'Guide' highlights the following benefits of PBAs:
- payment certainty
- savings in tender prices
- greater trust and improved collaboration
- better project focus and improved value for money
- increased productivity and fewer disputes
RLB are recognised market leaders in the field of Project Banking and can help clients achieve the benefits PBA's can bring. We have a developed a comprehensive programme of training and support for clients and their project teams using PBA’s for the first time
Featured Project
Andover | Prime Contracting
MoD Andover forms the UK headquarters for the Defence Logistics Organisation. Situated within a 35-acre site, this major project comprises 280,000 sq ft of accommodation including offices, training facilities and a lecture theatre for 780 staff, a gatehouse, an Officers mess and bedrooms for 68 live-in members, a technical building incorporating a tank maintenance facility, sports amenities, a day nursery for 50 infants, a 650 space car park and extensive landscaping works.