Current edition: TCC 2024
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- Can be used on large or smaller scale projects, but generally where detailed provisions are necessary.
- Can be used where the Employer wishes to incentivise the Contractor by the use of a Target Cost and difference sharing arrangements.
- Can be used where Employer’s Requirements have been prepared and provided to the Contractor enabling a Target Cost to be agreed.
- The Contractor is responsible for completing the design, as well as carrying out the works.
- The Contractor is paid its allowable costs together with a contract fee (which may be a fixed sum or a percentage of allowable cost)
- Provisions are included for collaborative working, sustainability, advance payment, bonds (advance payment, off-site materials, retention), third party rights and collateral warranties.
- Pre-Construction Services Agreement (General Contractor) (PCSA) and Pre-Construction Services Agreement (Specialist) (PCSA/SP) can be used (with minor adaptation) with this contract.
- This contract can be used with the Framework Agreement (FA).
- For use of both private and public sector projects.
- Download contents page
- Download Model Form for the Rights Particulars
- Download JCT Fluctuations Options A, B & C
About this type of contract
ISBN : 9780414108080
Edition : 2024