000 00946cab a2200181 4500
001 ##L134873
008 060907n2006 000 0 eng u
035 _a(Sirsi) u134873
041 0 _aeng
100 1 _aLongley, Simon
245 0 0 _aTarget price contracts and how to make them work
260 _c2006
490 0 _aCivil Engineering Surveyor
_vSeptember 2006, 33-37(5)
520 _aDiscusses target price contracts, whereby a target cost is agreed upon at the start of a project and then compared with the actual cost. Contractors can then share in any savings made, or contribute towards additional costs. Such an arrangement can be problematic because of the difficulty in setting a target price and the time consuming nature of dealing with the commercial side of the project. Guidance is offered as to how these problems can be overcome.
590 _aIKA190906
690 _aBUILT ENVIRONMENT-BUILDING CONTRACT FORMS
942 _n0
999 _c77688
_d77688