CR Construction (UK) Limited v Barclays Bank PLC (Costs and Stay) [2026] EWHC 228 (TCC) Knowledge Check

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CR Construction (UK) Limited v Barclays Bank PLC
[2026] EWHC 228 (TCC) | Technology and Construction Court, Manchester
Before His Honour Judge Stephen Davies sitting as a High Court Judge | Heard and judgment given 4 February 2026
Knowledge Check
Intervener costs, assessment basis and refusal of a stay

This Knowledge Check examines the consequential judgment following the refusal of CR Construction (UK) Limited's application to restrain Barclays Bank PLC from paying under a performance bond. Northern Gateway (FEC) No. 7 Limited, the bond beneficiary and employer, had joined as intervener.

The court addressed the employer's entitlement to costs, whether Barclays should receive indemnity costs, the summary assessment of both parties' costs and CR Construction's request for a stay pending an appeal.

The employer recovered only the reasonable costs needed to protect its separate interest. Barclays and the employer each received GBP 75,000, with VAT added only to Barclays' award. Indemnity costs and the requested stay were refused.

This Knowledge Check covers
  • The link to the substantive bond judgment
  • The employer's position as bond beneficiary
  • The principles governing an intervener's costs
  • Notification of a beneficiary before an injunction application
  • The limit on duplicative intervener work
  • The test for indemnity costs
  • The parties' settlement discussions
  • The summary assessment of Barclays' costs
  • The summary assessment of the employer's costs
  • The refusal of a stay pending appeal
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This Knowledge Check is provided for educational and professional development purposes only and does not constitute legal advice. The content reflects interpretations and analyses that may not apply to specific circumstances. Contract interpretation depends on specific wording, jurisdiction, and factual context. Always consult qualified legal professionals before making decisions based on this content. SCCSI and its contributors accept no liability for reliance on this material.