JCT Target Cost Contract 2024 - New Contract on the Block?

Introduction

Stay ahead of the curve with this short webinar introducing the JCT Target Cost Contract 2024, the latest addition to the JCT suite that’s already making waves in the industry. Released on 25 June 2025, this contract introduces a new approach to managing project costs.

This webinar explores the key topics that make this JCT contract a ‘Target Cost’ one, including the main features and characteristics, how the drafting is designed to work, and who does what and when including practical tips.

This webinar is ideal for construction professionals, project managers and contract administrators who want to understand the practical implications of the JCT Target Cost Contract 2024 and be prepared for its use in real projects.

What You Will Learn

This short webinar will cover the following:

• Backdrop: why Target Cost and why now, JCT?
• Key features and characteristics to differentiate from other contracts in JCT family
• Weighing up whether to use it or not
• Who does what and when: practical actions
• Summary and key takeaways

This pre-recorded webinar will be available to view from Monday 8th December 2025

Alternatively, you can gain access to this webinar and 1,900+ others via the MBL Webinar Subscription. Please email webinarsubscription@mblseminars.com for more details.