Target and cost-reimbursable construction contracts
Target and cost-reimbursable construction contracts Part A:A study of their use and implications
- Rev ed.
- London CIRA 2003
- 42p. 30cm.
- CIRIA Report R85 .
This report is based on visits to 50 firms and organisations, and includes 25 case studies which illustrate the advantages and problems associated with the various forms of target and cost-reimbursable contract. Seperate consideration is given to: when to use cost-reimbursable contracts; methods of introducing competition at the tendering stage; targets and incentives for cost, time and quality; and the implications of their use. The establishment of a joint planning team is recommended and the merits of open-book accounting emphasised, particularly in relation to work for publicly-accountable clients. Formerly report 56. Supercedes (L148284).
0860172457
Contracts
LUMP SUM CONTRACTS
REIMBURSABLE CONTRACTS
TARGET COST CONTRACTS
TENDERING
692.8
This report is based on visits to 50 firms and organisations, and includes 25 case studies which illustrate the advantages and problems associated with the various forms of target and cost-reimbursable contract. Seperate consideration is given to: when to use cost-reimbursable contracts; methods of introducing competition at the tendering stage; targets and incentives for cost, time and quality; and the implications of their use. The establishment of a joint planning team is recommended and the merits of open-book accounting emphasised, particularly in relation to work for publicly-accountable clients. Formerly report 56. Supercedes (L148284).
0860172457
Contracts
LUMP SUM CONTRACTS
REIMBURSABLE CONTRACTS
TARGET COST CONTRACTS
TENDERING
692.8