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Keywords: Contractor's share
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Journal Articles
Target cost contracts: an analysis of the interplay between fee, target, share and price
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Engineering, Construction and Architectural Management (2000) 7 (2): 202–208.
Published: 01 February 2000
... to the tenderer whose final price will be the lowest. The analysis reveals a strong case for setting the contractor's share of cost overrun or underrun at a value that is not less than 50%. Finally, the paper proposes two simplifications that would reduce the number of variables in target cost contracts...
