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Construction Escrow

Specialist escrow accounts for prime residential construction contracts.

Apple App Store
By Invitation Only

For Employers

An alternative to personal guarantees when contracting through SPV's and a low-cost way to ensure on-time monthly payments.

For Contractors

Visibility over the Employer's funding arrangements and security when operating at risk.

For Sub-Contractors

Comfort that the Main Contractor is operating with cover for ongoing payments.

Construction Escrow Accounts

A walkthrough of the process

Escrow Documents

We work with both parties to agree the basis for the escrow account and confirm the circumstances in which we are to make payment, together with the documents or notices upon which we may act.

Deposit

The Employer deposits the escrow sum with us, and we provide a receipt for the same. The Employer and the Contractor can each access our platform 24/7 to confirm the balance of the account.

Monthly Payments

We pay the Contractor each month against the Employer's payment certificate, and the Employer then 'tops-up' the account as agreed.

Further Information

Request a quote or sample account documentation

Regulatory Notices

Payment Services Regulations 2017

dospay is a trading name of DOS & Co. Ltd, a company registered in England and Wales with company number 08294966.
DOS & Co. Ltd. is registered with the Financial Conduct Authority under the Payment Services Regulations 2017 (FRN: 833374) for the provision of payment services. Digital Batch Payments are powered by Payment Rails Ltd, which is authorised by the Financial Conduct Authority (the “FCA”) under the Payment Service Regulations 2017 (registered reference no. 771016) for the provision of payment services.