...Derek S. Drew; Sandy L.Y. Tang; Christine K. Lui Consultant commissions in two envelope fee bidding are awarded on the basis of fee and quality (i.e. technical score). Consultants' fees and technical score are combined using a pre‐designated formulation and predetermined weightings to form a total...

...JOHN G. PERRY; MARTIN BARNES Target cost contracts are growing in popularity but concerns remain about the interplay between fee, target, sharing ratios and the final price. This paper offers a fundamental analysis of the principles under‐pinning target contracts. It shows that there is scope...