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Government vetoes project bank account proposal

Construction Enquirer

The Government has blocked an attempt to amend the planned Procurement Bill to include mandatory project bank accounts for all jobs valued at over £2m. Abrahams MP said: “Small businesses are the backbone of the economy. ”

Banking 115
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News in Brief: Jan/Feb 2025

Construction Law

To read more of this and every other news story on this site, please log in with your Construction Law membership account details. If you don't have an account, you can get free access to the news on this site and receive a free newsletter onFridays by creating a Newsletter account. See the panel to the right.

News 40
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Productive Construction – Traits of Collaboration

Job Order Contracting

accountability. Based upon the above, why would anyone be surprised by the lack of productivity and rampant economic and environmental waste endemic to public sector facilities repair, renovation, maintenance, and new builds? Planning, Procurement, and Project Delivery System Performance is CRITICAL to Improving Productivity.

Products 260
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AI pilot scheme succeeding in spotting bid rigging

Construction Law

The Competition and Markets Authority (CMA) reports success with a pilot scheme using Artificial Intelligence to spot bid rigging by contractors and warns of significant risks to public procurement from the illegal activities. See the panel to the right.

Bidding 40
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Procurement Hub gains Gold standard for framework

Construction Law

Procurement Hub and Places for People have been verified under Constructing Excellence’s ‘Gold Standard Verification Scheme’ for their Major Projects Framework (MPF2). To read more of this and every other news story on this site, please log in with your Construction Law membership account details. See the panel to the right.

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New issue of Construction Law arrives with subscribers

Construction Law

This months issue of Construction Law is arriving on subscribers desks now, keeping them up to date with a fast changing law and procurement scene with news and analysis from leading experts. To read more of this and every other news story on this site, please log in with your Construction Law membership account details.

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New procurement routes promised for water infrastructure investment

Construction Law

Water regulator Ofwat proposes cuts to water company’s infrastructure investment plans over the next five years by some £16 billion, at the same time as announcing that new funding models will be used in procurement of what is still a giant programme of £88 billion. See the panel to the right.