Construction (Retention Deposit Schemes) Bill

A Bill to make provision about protecting retention deposits in connection with construction contracts; and for connected purposes.

Originating House

House of Commons

Parliament last updated

21 March 2019

In Plain English

AI-generated

May contain errors — check source documents for definitive information.

This bill aims to protect money held as retention deposits on construction projects. It would set out rules to safeguard those deposits and provide a framework for how they are held, managed and released, with related reforms to construction contracts.

Key Points

Provides protections for retention deposits on construction contracts.
Sets out a framework (retention deposit schemes) for how deposits should be held, safeguarded and released.
Helps provide clarity and security for businesses in the construction sector, including smaller firms.
Form part of broader reforms to how construction contracts are drafted and administered (connected purposes).

Progress

The bill has had its 1st reading in the Commons and is currently at the 2nd reading stage in the House of Commons.

Who is affected?

Construction clients/employersMain contractorsSubcontractors and suppliersRetention deposit scheme administrators/financial service providers involved with deposits

Generated 21 February 2026

Bill Stages

1st readingCommons

9 Jan 2018

2nd readingCommons

Committee stageCommons

Report stageCommons

3rd readingCommons

1st readingLords

2nd readingLords

Committee stageLords

Report stageLords

3rd readingLords

Royal Assent

Updates & Documents

News (1)

News - Construction (Retention Deposit Schemes)

1 Jan 1970

The Bill failed to complete its passage through Parliament before the end of the session. This means the Bill will make no further progress.

Documents (1)

Bill 148 2017-19, as introduced

BillCommons

23 Apr 2018

Parliamentary Votes (0)

No recorded votes for this bill yet.