ISG subcontractor loses £486k project bank account claim
The High Court has dismissed a subcontractor’s claim for nearly £500,000 against Vale of Glamorgan Council arising from payments on a school extension project that was supposed to use a project bank account (PBA). The judge found the subcontractor had never become a named supplier under the PBA arrangements, and that the council was not in breach by paying ISG directly when no PBA had been established.
