Date lodged: 12 January 2017
To ask the Scottish Government what action it is taking to increase the use of project bank accounts across public sector construction.
Answered by: Derek Mackay 20 January 2017
Scottish Government published Procurement Policy Note 10/2016 on 23 September 2016 requiring public bodies covered by the Scottish Public Finance Manual to include a Project Bank Account in tender documents for public works contracts with an estimated value of at least £4,104,394 for building projects and £10,000,000 for civil engineering projects starting procurement procedures after 31 October 2016. The number of projects using Project Bank Accounts will be defined by the number of projects commissioned by relevant public bodies meeting these criteria. Independent bodies not covered by the Manual were asked in the Policy Note to implement Project Bank Accounts and Scottish Government’s official guidance is publicly available to enable this.