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Keep up to dateBy Jordan Marshall2019-01-15T13:36:00
Labour MP Debbie Abrahams’ 10-minute rule bill set to be heard on 1 March
A bill proposing the mandated use of project bank accounts on public sector projects has been given the OK for a second reading.
The 10-minute rule bill, which has been brought forward by Labour MP Debbie Abrahams (pictured) on the first anniversary of Carillion’s collapse, is scheduled to be heard again on 1 March.
The Oldham East and Saddleworth MP’s bill proposes all payments on government and public authority contracts worth more than £500,000 be made through a ‘project bank account’ system ensuring small businesses are paid on time and protected from contractor insolvency higher up the supply chain.
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