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 Example 1a and 1b
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TCC Worked Example 2
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TCC Worked Example 3
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TCC Worked Example 4
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TCC Worked Example 5
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TCC Worked Examples 6a and 6b
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TCC Worked Example 7
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TCC Worked Example 8
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TCC Worked Example 9
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Other Resources
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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.