The introduction of the Target Cost Contract into the JCT 2024 suite marks a significant shift in how construction projects can be procured and managed—enabling better alignment of client and contractor interests, and encouraging greater collaboration and cost transparency.
This one-hour webinar will provide a practical and strategic overview of the new JCT Target Cost Contract (TCC), including its structure, application, and how it compares with more traditional contract forms. We’ll explore how RICS professionals can use this contract to manage cost risk, incentivise performance, and deliver better project outcomes—particularly in an uncertain market where cost control is critical.
Our expert speaker will guide you through key concepts, legal implications, and real-world use cases of the TCC in action. The session will include opportunity for Q&A for any questions.