Article
Commercial Payments Bill 2026: A Northern Irish Perspective
The UK Government's Commercial Payments Bill proposes to abolish construction retentions in Great Britain following a two-year transition period, fundamentally changing how construction projects manage payment security and defect remediation. While the Bill extends wider payment reforms to Northern Ireland, the retention ban itself does not currently apply there, creating important jurisdictional distinctions for businesses operating across the UK. What alternative security mechanisms will replace retention
Arthur Cox