Things to take into account

摘要

Project bank accounts are nothing new: Latham and Egan were recommending them in the nineties. But the recent publication of the Office of Government Commerce's (OGC) Fair Payment Guide has brought them to the fore again, particularly in the public sector. Last month Barclays and Bank of Scotland showcased their project bank account products at a conference in the House of Commons. Standard form drafting bodies have advised they are looking to introduce them as options.