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ICC Target Cost Version - August 2011

SKU: 1321968

Stock Status: Available to Order- Stock Due

Description

This publication provides guidance to the Infrastructure Conditions of Contract Target Cost Version, which encourages active collaboration to reduce costs by sharing expertise and jointly managing risks in an open working environment, within the framework of the Infrastructure Conditions of Contract suite of contracts. It encourages the Contractor to be more closely involved in aspects of design, provides for payment to the Contractor on a cost reimbursable basis and an incentive share arrangement if the costs differ from the target. A more open style of control and management, which permits an early and joint approach to the identification and management of risks, obliges parties to recognise and understand each other’s objectives and promotes closer working relationships.

Product Information

ISBN	9781907660498
Publication Status	Current
Publication Date	22/08/2011
Format (Paperback, Hardback etc)	Paperback
Total Pages	73
Brand / Publisher	ICC
Publisher	ACE

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