Site pro rata account
Site regulations and pro rata accounts

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Site pro rata account


Site regulations and pro rata accounts

Author : Pierre Serin

Publication date: March 10, 2018 | Lire en français

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2. Site pro rata account

In March 2001, the Office Général du Bâtiment et des Travaux Publics (OGBTP) published a guideline, which has since become a convention, for the establishment, management and settlement of the site pro rata account.

Definition of the prorata account in this directive

"When several contractors, whether legal entities or not, work together on the same project, the account for expenses of common interest and any income from the site are managed in an account known as the "pro rata account" under the conditions listed below:

Expenses of common interest are those incurred by one or more contractors to ensure the smooth running of the site as a whole.

Note

Supplies or works intended to be received by the project owner and which...

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