Clifford Chance

Much to gain from the pain? JCT's target cost contract

29 September 2025

JCT recently published its Target Cost Contract (TCC) which attracted much attention from commentators. In this briefing we ask whether the TCC will find a worthwhile role in UK construction procurement, particularly in the private development sector. Is the effort in producing the TCC worthwhile? In particular, will it readily find adopters among commercial developers?

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