Important information and documents on the operation of Project Bank Accounts (PBAs) in Department of Finance (Finance) AS 2124 contracts. The pack includes:
- Introduction to project bank accounts
- Trust Deed Poll
- PBA Agreement
- Deed of Release and Priority Deed Poll
- AS 2124 amendments to the conditions of contract
- Statutory Declaration
- Special conditions for Tier 2 subcontracts.
Contractors must take this information into account when tendering for a PBA contract with Finance.