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JCT Target Cost Sub-Contract Guide 2024 (TCCSub/G)
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The JCT Target Cost Contract is designed for construction projects where the Employer wishes to incentivise the Contractor, and which is achieved through the setting of a Target Cost and the provision of sharing arrangements (a pain and gain mechanism) in relation to actual allowable costs incurred. Under the Target Cost Contract the contractor carries out both the design and the construction work. Design and build projects can vary in scale, but the Target Cost Contract is generally suitable where detailed provisions are needed.
Description
A comprehensive guide to accompany the Target Cost Sub-Contract (TCCSub 2024), featuring an explanation of sub-contracting under TCC, the Sub-Contract Agreement (Recitals, Articles, Sub-Contract Particulars, Attestation, Main Contract Information Schedule), and Sub-Contract Conditions (Sections, Clauses, and Schedules).
Product Information
| ISBN | 9780414107700 |
|---|---|
| Publication Status | Current |
| Publication Date | 2025-06-25 |
| Author | The Joint Contracts Tribunal |
| Edition | 2024 Edition |
| Format (Paperback, Hardback etc) | Paperback |
| Brand / Publisher | JCT |
| Publisher | Sweet & Maxwell |
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