Critically analyse the ways in which the Employer and the contract administrator, under the standard forms of contract, can engage with and influence the supply chain on a large construction project, which has been awarded to a single main contractor.
Question: It is possible to have a target price contract under the main options in the NEC ECC, but target price contracts are not possible under the JCT SBC or the FIDIC Red Book contracts. Critically evaluate why this is the case and discuss the main effects that a target price contract will have on […]