PBA 2022. Project bank account documentation 2022
Document Status
Current
Supplement
Core Supplement
Abstract
This documentation aims to assist parties to a contract adopt the use of a project bank account (PBA) as part of fair payment practice. PBAs can be used on private or public sector projects of all sizes, but most appropriate on large projects where there are a number of sub-contractors involved. Designed to be used in conjunction with the JCT standard forms of building contract, this document comprises of, the JCT Project Bank Account Agreement (PBA), (and the JCT form of Joining Agreement (PBA/JA)). It also includes enabling provisions for insertion into the Building Contract and Sub-Contracts for the relevant parties to enter into the PBA, and guidance notes.
History
Supersedes PBA 2016. Project bank account documentation 2016 (JCT, 2016). Current version: PBA 2022. Previous version (s): PBA 2016, PBA 2011.
ISBN
9780414103382
Subjects
- Cost planning and control
- Contracts
- Legal issues and management
- JCT Contracts
Publisher History
Sweet and Maxwell are a large commercial Publisher for the legal and regulatory markets. In May 2005 they took over the publishing of the JCT contracts.
Information
NBS
NBS has produced specification systems and information products for construction industry professionals for more than 40 years. The National Building Specification is the recognised UK national standard and is used by over 5,000 organisations. NBS is part of RIBA Enterprises Ltd.
Accuris
We connect trusted knowledge to customers' workflows – mitigating risk, increasing efficiency and accelerating innovation For more than 60 years, leading R&D and engineering-intensive organizations have relied on us to achieve on-time, on-budget delivery of complex projects and new products. We deliver an unparalleled combination of technical content and Artificial Intelligence (AI) technologies to surface answers from the vast universe of technical knowledge, both inside and outside the organization. In a single interface, we connect the dots between information scattered across many different sources, allowing technical professionals to make better, more informed decisions faster.