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Skip Navigation LinksDepartment of Housing and Public Works > Construction > Building and plumbing > Building > Security of payment > Project Bank Account videos

Project Bank Account videos

We have created a series of videos to help you understand how Project Bank Accounts (PBAs) work. The videos also cover the roles and responsibilities of those involved in the PBA process.

  1. Project Bank Accounts overview

An introduction to PBAs including what they are and how they are structured, when they are required, who’s involved in PBAs and how the payment process works.

  1. When is a Project Bank Account required?

Outlines when a PBA is required including the types of building work covered, when variations can trigger the requirement for a PBA and certain exemptions which apply to the PBA requirements.

  1. Post-contract award

Understand the key activities the Head Contractor must complete following the award of the contract including establishing the PBA, engaging Subcontractors and lodging the required notices and forms.

  1. Setting up the Project Band Account – banking information

Find out more about how a PBA is structured and the process for establishing a PBA including what the bank needs to provide, how to arrange viewing access of the PBA for the Principal and lodging the required notices and forms.

  1. The payment process using a Project Bank Account

Understand the activities, timeframes and processes for the payment of Subcontractors and the Head Contractor through a PBA.  Watch the video below for information on the payment process documentation.

  1. Payment process - documentation

Find out more about the documentation to support the payment process for PBAs. Watch video above for additional information on making payments.

  1. Subcontractors and project bank accounts

An overview of how PBAs work from a subcontractors’ perspective including how PBAs will help secure their payments, how to claim their payments and what to do when they don’t get paid.

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Last updated 14 September 2018    Creative Commons Attribution 4.0 International (CC BY 4.0)


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