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The new Target Cost Contract (TCC) 2024 from the Joint Contracts Tribunal is aiming to spread risk more evenly and encourage deeper collaboration between clients and contractors, its creator has said. At the event yesterday (10 September), JCT drafting subcommittee vice chair John Riches said…
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JCT promotes culture shift in construction risk-sharing
The new Target Cost Contract (TCC) 2024 from the Joint Contracts Tribunal is aiming to spread risk more evenly and encourage deeper collaboration between clients and contractors, its creator has said. At the event yesterday (10 September), JCT drafting subcommittee vice chair John Riches said… The post JCT promotes culture shift in construction risk-sharing appeared