HS2 Ltd has announced it will approve the use of Project Bank Accounts (PBAs) across key contracts on Phase One. PBAs are when payments are made out of one pot and do not have to cascade through multiple tiers of contractors. On time payments is an issue that FAME has been helping to tackle for several years now. Please see this presentation delivered at the FAME forum several years ago and  NSCC Fair Payment leaflet for more discussion on the issue:

Fair Payment FAME TJPN 2015 06 26

Fair payment Credit Where Credit Isn’t Due (Booklet – for print)