The Burgundy Book, Target Cost Contract, 2nd Edition, 2013, printable PDF

Publisher: IChemE
Publication year: 2013
Extent: printable PDF, 122 pages

For over 45 years IChemE have partnered with highly experienced legal and industry professionals to publish their acclaimed Forms of Contract. The new editions have been revised to reflect best practice in project delivery and the latest developments in law and project implementation.

The intention of a target cost contract is to encourage both parties in the contract to work together in order to find ways of carrying out the work as efficiently as possible and to be rewarded as a result (ie pain/gain share). The Burgundy Book is used for either setting the target cost at the time of making the contract or for agreeing the target cost during the contract, typically when the detailed scope of work has been agreed but before commencement of any construction or manufacture of the plant.

This Form of Contract contains a model form of agreement and general conditions, supplemented with detailed guide notes to assist the user in preparing a contract.

Our printable PDFs are secured documents available on a 12 month licence. The licence entitles the purchaser to use the PDF with one contract only during this period. Each PDF can be accessed digitally on up to 10 different devices and printed as many times as required during the 12 month period.

Please note that pdf orders need to be set up manually and are not available for instantaneous download. We aim to process orders on the same day, but delivery to your email address may take up to 24 hours, Monday to Friday.