JCT Target Cost Contract Hub

The release of the JCT 2024 Edition of Contracts includes the launch of a brand new contract family – the JCT Target Cost Contract (TCC 2024).

The Target Cost family includes the following documents:

  • Target Cost Contract (TCC) 2024
  • Target Cost Sub-contract (TCSub/A and TCSub/C) 2024
  • Target Cost Contract Guide (TCC/G) 2024
  • Target Cost Sub-Contract Guide (TCCSub/G) 2024

On this hub you can find out more about the Target Cost Contract, including:

  • An introductory overview explaining how the JCT Target Cost Contract works and the key elements of the contract
  • Worked Examples – which provide guidance on the various calculations to be made for Target Cost, Allowable Cost, Contract Fee and Difference Share
  • Supporting video commentaries for the Worked Examples
  • More information – including further articles, and information on JCT Training resources

JCT Target Cost Contract – Worked Examples

Click the button below to download the Target Cost Contract Worked Examples, or open the tab to view accompanying video commentary.

 
 

TCC Worked Examples – Video Commentaries

 
Click on a tab below to view the video commentary for each TCC Worked Example. Full screen viewing is recommended.

 

Overview of JCT Target Cost Contract 2024 (TCC 2024)

TCC Worked Examples 1a and 1b

TCC Worked Example 2

TCC Worked Example 3

TCC Worked Example 4

TCC Worked Example 5

TCC Worked Examples 6a and 6b

TCC Worked Example 7

TCC Worked Example 8

TCC Worked Example 9

Other Resources

COMING SOON

Note – JCT does not provide consultancy or legal advice on individual cases, matters of practice or courses of action. Professional legal advice should be sought for matters relating to your individual case.