Effective Management of Project Trust Accounts Across QLD by Experts


Buildtrust1016

Uploaded on Sep 19, 2024

Category Business

Securing subcontractor payments is a top priority in Queensland’s building and construction industry, and Project Trust Accounts (PTAs) play a pivotal role in this process. A Project Trust Account in QLD is a statutory trust account designed to protect payments, ensuring project funds are kept distinct from a head contractor’s general business finances. This mechanism is essential for maintaining transparency and trust within the industry.

Category Business

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