What is Target Cost?

This document is only available with a paid isurv subscription.

A target cost contract requires parties to agree a Target Cost for a defined scope of work. The contractor then carries out the work and the purchaser pays the costs of carrying out the works, subject to a formula that incentivises the contractor to minimise cost overspends by allowing the...

Explore the subscription options here to get full access to isurv, including downloads.

Try isurv for 1 month!

You can now get unlimited access to all isurv channels with our 1-month pass, available for only £39. To find out more, enquire with our team using our form.

Sign up for the isurv newsletter to receive a monthly round-up of the latest isurv updates.

For further support, please contact us by emailing isurv@rics.org or calling +44 (0) 247 686 8584