A familiar scenario In CR Construction (UK) Company Ltd v Barclays Bank PLC [2026] EWHC 202 (TCC), the Employer, Northern Gateway (FEC) No. 7 Ltd, engaged CR Construction (UK) Company Ltd as Contractor to design and build a mixed residential and commercial development in Manchester under an amended JCT Design and Build 2016 Contract. The Contract required the Contractor to provide an on-demand performance bond equivalent to 10% of the contract sum, which Barclays Bank PLC issued.