Legal News

The Business Contract Terms (Assignment of Receivables) Regulations 2018 and the construction industry

Published on: 08 October 2018
Published by: LexisPSL
  • The Business Contract Terms (Assignment of Receivables) Regulations 2018 and the construction industry
  • Original news
  • What are the draft Regulations?
  • How are the Regulations relevant to construction projects?
  • What type of assignment provisions would breach the Regulations?
  • Why are clauses banning or restricting assignment included in some construction contracts?
  • What is the current position in standard form construction contracts?
  • How prevalent is factoring in the current market?
  • Do the Regulations give rise to any concerns?
  • What happens next and what steps, if any, should those involved in construction projects be taking now?

Article summary

Construction analysis: Stephen Rockhill, partner in the construction and engineering team at Stevens & Bolton, considers what impact the Business Contract Terms (Assignment of Receivables) Regulations 2018 (the Regulations) could have on the construction industry if passed into law. or take a trial to read the full analysis.

Popular documents