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Paperback Target Cost Contracting Strategy in Construction: Principles, Practices and Case Studies Book

ISBN: 0367736748

ISBN13: 9780367736743

Target Cost Contracting Strategy in Construction: Principles, Practices and Case Studies

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Format: Paperback

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Book Overview

The problems inherent in the traditional design-bid-build procurement method often lead to the adversarial working relationships within the construction industry. Target cost contracts, accompanied by a gain-share/pain-share arrangement serving as a cost incentive mechanism, have emerged in the United States, the United Kingdom, Australia and Hong Kong with the aim of achieving better value for money and more satisfactory overall project performance...

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