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Over the past few decades, Target Cost Contract ( TCC ) has been considered as analternative integrated procurement strategy for clients to integrate the diverse
Over the past few decades, Target Cost Contract TCC has been considered as analternative integrated procurement strategy for clients to integrate the diverse interests ofa complicated construction project and to offer cost incentives to the contractors toprovide valueadded services. The adoption of TCC however, may also generatesignificant risks and difficulties that merit considerable attention and no t every TCCproject is equally successful in the local and international markets.Over the past few decades, Target Cost Contract TCC has been considered as analternative integrated procurement strategy for clients to integrate the diverse interests ofa complicated construction project and to offer cost incentives to the contractors toprovide valueadded services. The adoption of TCC however, may also generatesignificant risks and difficulties that merit considerable attention and no t every TCCproject is equally successful in the local and international markets.Over the past few decades, Target Cost Contract TCC has been considered as analternative integrated procurement strategy for clients to integrate the diverse interests ofa complicated construction project and to offer cost incentives to the contractors toprovide valueadded services. The adoption of TCC however, may also generatesignificant risks and difficulties that merit considerable attention and no t every TCCproject is equally successful in the local and international markets.
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