PROPcast 2026 - Episode 6 | The End of Retentions - Preparing for the Commercial Payments Bill

PROPcast 2026 - Episode 6 | The End of Retentions - Preparing for the Commercial Payments Bill

July 17, 2026 · 16 min

About this episode

This episode discusses the implications of the UK's Commercial Payments Bill on the construction industry.

The Government's newly published Commercial Payments Bill marks a watershed moment for the UK construction industry. With a phased ban on retention payments, tighter final payment deadlines and significant changes to payment mechanisms, the legislation is set to fundamentally reshape how parties manage cash flow, risk and security in construction contracts. In this PROPcast, Lauren Morrison and Josh Curry unpack the key provisions of the Bill, explore the practical implications for the industry and share proactive strategies to help you navigate and prepare for this evolving landscape.

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