In this continuation of pricing and payment in construction law, we explore complex payment mechanisms and the protections available for ensuring timely payment, based on Julian Bailey’s Construction Law. Topics include retention monies, the use of bonds and guarantees to secure payments, and set-off rights. We also discuss statutory payment schemes, such as the Housing Grants, Construction and Regeneration Act, and explore the implications of late or non-payment, including suspension rights and adjudication. This episode provides a detailed look at managing financial risk and securing payment in construction projects.