Question to the Cabinet Office:

To ask the Minister for the Cabinet Office, what assessment he has made of the potential merits of the Government setting up project bank accounts for each public sector project to protect suppliers in the light of the liquidation of Carillion.

Project Bank Accounts (PBAs) are the preferred option by government when it is considered best value for money for taxpayers, and we have made a commitment in the Government Construction Strategy to use PBAs unless there are compelling reasons not to. Over £10bn has been spent in this way on a wide range of projects between 2011 and 2015.