Legal Guidance and Research / Experts / Claire King
Claire King#13977

Claire King

Fenwick Elliott
Claire is recommended in Legal 500 for Contentious Construction and International Arbitration and listed as a Thought Leader in the Lexology Index (previously Who’s Who). She is an experienced partner at Fenwick Elliott, a leading specialist firm in the field of construction and energy. She is on the steering committee for the King’s College and Adjudication Society study of Adjudication as well as serving on the Adjudication Society Committee as Secretary and has been published in numerous journals.

Practice Area

Panel

  • Contributing Author

Qualified Year

  • 2003

Experience

  • Ashurst (2001 - 2008)

Membership

  • Adjudication Society (Secretary)
  • Society of Construction Law
  • TeCSA
  • FCIArb

Qualifications

  • Solicitor (Qualified in 2003)
  • Fellow of CIArb (2008)

Education

  • Oxford University - History (1996-1999)
  • College of Law – CPE a(Distinction both years) (2000-2001)
  • Kings College MSC in Construction Law and Arbitration (Distinction and top of both years) (2007-2009)

1 Contributions by Claire King

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
Expert page AD
If you expected to see yourself on this page, click here.