Contract families
Target Cost Contract
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. For features, please click here.
Important note for contract users in Scotland and Northern Ireland
Users in Scotland should refer to www.sbcconline.com regarding the SBCC suite.
Users in Northern Ireland should contact The Royal Society of Ulster Architects at www.rsua.org.uk or call 028 9032 3760 for copies of the Northern Ireland Adaptation Schedules to JCT suite, or any related queries.
