Legal Guidance and Research / Experts / Andrew Jeffcoat
Andrew Jeffcoat#13976

Andrew Jeffcoat

Fenwick Elliott
Andrew is a construction and engineering solicitor with extensive experience of technically complex development projects spanning energy, infrastructure, retail, commercial, office and residential projects. He acts for both contractors and employers, and has extensive experience of FIDIC, JCT, NEC, ICC, MF/1 and bespoke contract suites, specialising in negotiating, drafting and providing training on and in connection with those contract forms and all other legal documents for construction and engineering projects.

Practice Area

Panel

  • Contributing Author

Qualified Year

  • 2003

Experience

  • Mills and Reeve (2017 - 2022)
  • Maxwell Winward (2012 - 2017)

Membership

  • Society of Construction Law
  • TeCSA

Qualification

  • Solicitor (2014)

Education

  • BPP: LPC (2010-2011)
  • BPP: GDL (2009-2010)
  • Lancaster University: MA Literary and Cultural Studies (2002-2003)
  • Lancaster University: BA English Literature (1999-2002)

1 Contributions by Andrew Jeffcoat

JCT Target Cost Contract 2024: structure, Allowable Cost, Contract Fee, Adjusted Target Cost, pain/gain sharing, key schedules, drafting and amendment tips, administrative pitfalls, and comparison with NEC4 Option C
PRACTICE NOTES
JCT Target Cost Contract 2024: structure, Allowable Cost, Contract Fee, Adjusted Target Cost, pain/gain sharing, key schedules, drafting and amendment tips, administrative pitfalls, and comparison with NEC4 Option C
Introduction JCT issued the Target Cost Contract 2024 (TCC 2024) in June 2025. It arrived as the last agreement in the JCT 2024 suite of contracts. Within the JCT suite, it skipped the usual 2016 refresh. It also marked JCT’s inaugural target cost form, so there was no 2016 predecessor from which it evolved, unlike the majority of the 2024 contracts. This Practice Note examines the TCC 2024’s structure and language, and its defined terms and concepts, on a stand-alone basis, while providing practical tips and insight into how to use it in practice. Where appropriate, it identifies similarities and points of divergence when set against the other JCT 2024 contracts. Although new within the JCT stable, the structure and terminology, together with the familiar defined expressions and concepts, will be readily recognisable to readers who know the 2024 suite and the earlier suites. In essence, TCC 2024 functions as a design and build contract and therefore covers much of the same ground as the JCT Design and Build Contract 2024 (DB 2024), with the nature and basis of payment entitlement remaining the key difference between the two...
Construction
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