NEC Target Cost Contracts: What you need to know!

[@LSCS1999Numero2]

In this option it is possible to apply a Target Value Design approach?

[@Jordan-dw7bp]

Can the target cost be adjusted mid project? e.g. it is discovered that items were incorrectly priced in the tender stage, can both parties agree to adjust the target cost to the updated and more realistic target?

[@shankunaseelan223]

in my opinion, the answer is "no" for your example. if the contractor has incorrectly priced at the tender stage, then the contractor is responsible for their own error or mistake and the target cost cannot be adjusted.

[@MARIYE21]

Poor sound. Too much reading? Shame. Started really well.