Blog

JCT Target Cost Contract 2024: An Overview

/ JCT 2024 Edition

Blog Authors: Tom Booth, Associate and Helen Johnson, Partner – CMS Cameron McKenna Nabarro Olswang LLP In June the Joint Contracts Tribunal (JCT) published its new Target Cost Contract 2024 (along with a sub-contract form and guidance notes). This Law-Now provides a brief introduction to the new JCT form. What is Target Cost? Briefly, for readers new to target cost contracting, the features of a target cost contract include: No overall fixed price at the outset of the project Price calculated on an actual cost…

JCT Training: Places Available On Our Autumn 2025 Courses

/ Education, Skills and Students

The Autumn 2025 series of JCT Training is underway but there are still some places available on our range of online courses. The sessions to take place and the dates are as follows: Online courses Wednesday, 22 October 2025 JCT Design and Build Contract 2024 Wednesday, 19 November 2025 JCT Minor Works Building Contract 2024   Don’t forget our latest JCT Training Video Modules covering contracts from the JCT 2024 Edition – our series, ‘Which JCT Contract is best for your project?’ has been updated to…

Heart of the City, Sheffield

/ Case Studies

The Heart of the City project represents the centrepiece of Sheffield’s urban regeneration, weaving together heritage, sustainability, and contemporary design to breathe new life into a key area of the city centre. The development was built on a JCT Design and Build Contract. The Heart of the City project comprises three interconnected elements: Cambridge Street Collective – a social destination, Elshaw House – a flagship office building, and Leah’s Yard – studios created within historic metalworkers’ workshops. These three distinct elements, while serving different purposes,…

JCT YPG – Past YPG Leader Member Interview: Charlie Saunders

/ JCT Young Professionals Group

Charlie Saunders Director, Emerson Bond Charlie, tell us about your experience, contributions, and reasons for leaving, along with your perspective on the JCT YPG and future goals. Experience and Contributions: Question: Can you describe your role and responsibilities during your time as a member? My responsibilities included identifying trending topics and leveraging industry contacts to arrange relevant CPD and networking events for young professionals. I also contributed to shaping the group’s strategy during monthly meetings with JCT and other group leaders. My involvement extended to…

Diego Padilla-Philipps to give the JCT Povey Lecture 2025

/ JCT Povey Lecture, Latest News, Press Releases

Diego Padilla-Philipps, director, Decarbonisation and Innovation for Building Structures, WSP, has been announced as the speaker for the JCT Povey Lecture 2025, taking place on Thursday, 13 November. The title of Diego’s presentation is “Human-Centred, Evidence-Based, Augmented Intelligence in Building Design”. At the forefront of modern construction, from both a design and engineering perspective, Diego will discuss the transformative power of automation and AI in the design of better buildings, and its potential to help us navigate the complexities of modern projects, ambitious sustainability targets,…

JCT Online Launch Event Reveals More Details About New Target Cost Contract

/ JCT 2024 Edition, JCT Product Updates, Latest News, Press Releases

Viewers attending the online launch event for the JCT Target Cost Contract were given a detailed overview of the contract and the background to its production on Wednesday, 10 September. The presentation featured JCT chair, Karen Kirkham, and vice-chair of the JCT Drafting Sub-Committee (DSC), John Riches. In his position as DSC vice-chair, John Riches had a central role (alongside colleagues in the DSC) in the production of the Target Cost Contract and its drafting. John and Karen’s discussion explored in greater detail the background…

JCT Announces Launch Event for Target Cost Contract

/ JCT 2024 Edition, JCT Network, Latest News, Press Releases

JCT will be hosting an online launch event, providing more information about the JCT Target Cost Contract 2024, on Wednesday, 10 September 2025. ‘Introducing the JCT Target Cost Contract 2024’ will feature JCT chair, Karen Kirkham, and vice chair of the JCT Drafting Sub-Committee, John Riches. They will be discussing the main features of this new contract family, including how it works, why JCT decided to produce it for the 2024 Edition, how it fits in with the rest of the JCT suite, what documents…

JCT Young Professionals Group – Founder Member Leaders…Christakis Miltiadous

/ Interviews, JCT Young Professionals Group

In this series we find out more about some of the key people who give their time to support the JCT Young Professionals Group (JCT YPG). We will look at our interviewees’ background and how they got into the industry, the importance of their contribution to JCT YPG specifically, and gain their views on JCT’s wider role within the industry. Christakis Miltiadous Legal Counsel – Construction and Consulting | Bovis   JCT: Tell us a bit about your background. What is your current role, and why…

JCT 2024 Edition – Available Updates July

/ JCT 2024 Edition, JCT Product Updates

The following JCT 2024 contracts are now available via the JCT Online Store – access instantly online through JCT On Demand digital and via the JCT Construct digital subscription service, or purchase in hardcopy for delivery. JCT Target Cost Contract 2024 Contract family includes: JCT Target Cost Contract 2024 (TCC 2024) JCT Target Cost Sub-Contract Agreement 2024 (TCCSub/A 2024)* JCT Target Cost Sub-Contract Conditions 2024 (TCCSub/C 2024)* JCT Target Cost Contract Guide 2024 (TCC/G 2024) JCT Target Cost Sub-Contract Guide 2024 (TCCSub/G 2024)   JCT…

Acland Burghley School, London

/ Case Studies

In the heart of Tufnell Park, London, Acland Burghley School stands as a testament to 1960s Brutalist architecture. Recently, the school underwent a significant retrofit, transforming its interiors to meet contemporary educational needs while respecting its architectural heritage. A JCT Design and Build Contract was the form of choice for this project. The refurbishment focused on enhancing key areas such as the library, classrooms, and T-Level learning facilities. The design team, led by Tuckey Design Studio, adopted a ‘light-touch’ approach. This strategy aimed to retain…