ICC Target Cost Version Guidance Notes - August 2011

SKU: 1321967
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 9781907660481
Publication Status Current
Publication Date 22/08/2011
Format (Paperback, Hardback etc) Paperback
Total Pages 57
Brand / Publisher ICC
Publisher ACE
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