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JCT Generic Contracts TCC Target cost contract 2024
Publication Year
2025
Document Status
Current
Abstract
Can be used where the employer incentivises the contractor with a target cost and difference sharing arrangement; the contractor is responsible for the design and completing the works; the target cost is agreed and the employers requirements are prepared by the contractor; the contractor is paid allowable costs together with a contract fee; and is suitable for private and public sector projects.
Document History
Current edition: TCC 2024.
Publisher Information
Sweet and Maxwell
Sweet and Maxwell are a large commercial Publisher for the legal and regulatory markets. In May 2005 they took over the publishing of the JCT contracts.
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