New plan for law on payment reform as Aldous bill falls

By Jordan Marshall2019-10-16T05:00:00

Proposals to legislate for project bank accounts and retentions protection not carried over by parliament

Fresh plans to reform payment practices by law are being drawn up after proposed legislation aimed at protecting the supply chain was condemned to the scrap heap in this week’s state opening of parliament.

Tory MP Peter Aldous’ retentions reform bill, which was first introduced in parliament six days before Carillion went under last January, has not been carried over to the new session of parliament.

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