General

Project Bank Accounts

The first phase of Project Bank Accounts (PBAs) is underway from March 1.

Project Bank Accounts (PBAs) are the centre of the Government’s building industry fairness reforms and a key part to help make sure subcontractors are paid in full, on time, every time.

This first phase applies to Queensland Government building projects valued at between $1 million and $10 million, excluding engineering projects. It only applies to new projects tendered from March 1.

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