ISBN-10:
0852954581
ISBN-13:
9780852954584
Pub. Date:
01/28/2003
Publisher:
Institution of Chemical Engineers, The
The Burgundy Book - Form of Contract: Target Cost Contracts / Edition 1

The Burgundy Book - Form of Contract: Target Cost Contracts / Edition 1

by Institution of Chemical Engineers StaffInstitution of Chemical Engineers Staff

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Overview

The intention of a target cost contract is to encourage both parties in the contract to work together, finding ways of carrying out the work as efficiently as possible and to be rewarded as a result (i.e. pain/gain share). It sets out a procedure for arriving at a target cost that is sufficiently detailed to be used as the basis for effective control during the contract.

Product Details

ISBN-13: 9780852954584
Publisher: Institution of Chemical Engineers, The
Publication date: 01/28/2003
Series: Forms of Contract Series
Pages: 109
Product dimensions: 6.84(w) x 11.66(h) x 0.33(d)

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