Benefits of Project Bank Accounts
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According to the Office of Government Commerce Guide to Best ‘Fair Payment’ Practices published in 2007, adoption of PBAs will typically result in a 2.5% efficiency saving. The calculation was based on a typical £10m contract, lasting 1 year with 16 subcontracts. This was calculated as follows: Subcontract Reduction for cash...Explore the subscription options here to get full access to isurv, including downloads.
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