Construction bidding is a process that involves the evaluation and submission of bid proposals to project owners or contractors. It is a necessary part of the project planning process and allows owners to hire the right teams at the most competitive rates possible. Whether you’re a contractor or project leader, you should understand how construction …
The Expanding Project Trust Account Framework in Queensland is new legislation that aims to improve payment security for subcontractors and other construction industry participants. The new legislation requires head contractors to hold money paid on behalf of a project principal in a separate bank account. The projected trust account framework is currently only applicable to …
Complying with the Expanding Project Trust Account Framework in Queensland Read More »