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The JCT24 and NEC4 Target Cost Contracts

The JCT24 and NEC4 Target Cost Contracts

The construction industry is constantly evolving to meet the demands of increasingly complex projects, stricter regulations, and greater expectations for collaboration. Standard forms of construction contracts continue to play a vital role in ensuring projects are delivered efficiently while balancing risk among all stakeholders. The Society of Construction Law (SCL) presents The JCT24 and NEC4 Target Cost Contracts seminar to provide construction professionals with valuable insights into the latest developments in contract management and procurement strategies. This specialist event brings together experienced legal professionals, contract experts, engineers, and project leaders to discuss practical applications of the newest contract provisions and their impact on construction projects across the United Kingdom. Society of Construction Law The Society of Construction Law is one of the UK's leading professional organizations dedicated to promoting education, research, and best practices in construction law. Through conferences, seminars, networking events, and publications, the Society supports professionals working in legal, engineering, architectural, commercial, and project management roles. Its events are recognized for delivering practical knowledge that can be immediately applied to real-world construction projects. Understanding JCT24 Contracts The latest edition of the Joint Contracts Tribunal (JCT24) contracts introduces several important updates designed to reflect modern construction practices. These revisions address collaborative working, digital construction methods, sustainability requirements, and changes in legislation affecting the construction industry. During this seminar, delegates will gain a comprehensive understanding of the key amendments within JCT24 and learn how these changes influence project delivery, procurement decisions, and contractual obligations. Industry experts will explain how JCT24 supports better project governance while maintaining flexibility for various construction procurement methods. Exploring NEC4 Target Cost Contracts NEC4 Target Cost Contracts continue to gain popularity for infrastructure, public sector, and complex commercial projects. These contracts promote collaboration, transparency, and proactive risk management between employers and contractors. The seminar provides practical guidance on how target cost contracts operate, including: Establishing target costs Managing compensation events Cost-sharing mechanisms Risk allocation Performance monitoring Early warning procedures Delegates will understand how NEC4 encourages teamwork while reducing disputes through effective communication and collaborative problem-solving. Comparing JCT24 and NEC4 One of the major attractions of this seminar is the detailed comparison between the two most widely used construction contract families. Expert speakers will discuss differences relating to: Contract administration Payment procedures Risk allocation Programme management Variations Delay management Compensation events Dispute resolution Collaboration requirements Cost certainty This comparison helps attendees determine which contract is most appropriate for different project types and procurement strategies. Practical Contract Administration Successful projects rely on effective contract administration throughout every project stage. The seminar explores practical techniques for: Managing project documentation Monitoring contractual obligations Handling design changes Managing contractor performance Maintaining accurate project records Preventing contractual disputes Improving communication among stakeholders Real-world examples demonstrate how proper administration can significantly improve project outcomes. Managing Construction Risks Every construction project involves commercial, technical, financial, and legal risks. Speakers explain practical methods for managing risks through well-structured contract provisions. Topics include: Cost escalation Supply chain disruption Programme delays Labour shortages Material price inflation Design responsibility Contractual liabilities Extension of time procedures Understanding these risks enables organizations to reduce uncertainty while protecting project budgets and delivery schedules. Procurement Strategies Choosing the appropriate procurement strategy remains one of the most important decisions in any construction project. The seminar examines how both JCT24 and NEC4 contracts support different procurement approaches, including: Traditional procurement Design and Build Construction Management Management Contracting Collaborative procurement Target Cost procurement Delegates learn how procurement decisions directly influence project risk, cost control, and overall performance. Learning from Industry Experts The seminar features experienced professionals from construction law, engineering, quantity surveying, project management, and commercial management. Presenters share: Practical project experience Contract negotiation strategies Lessons learned from major projects Recent legal developments Best practice recommendations Current industry trends Attendees benefit from knowledge gained through years of professional experience across the construction sector. Case Studies and Practical Examples Theory alone cannot prepare professionals for complex construction projects. Throughout the seminar, speakers present practical case studies demonstrating how contractual decisions influence project success. Examples include: Managing project variations Handling compensation events Resolving contractual disagreements Improving collaboration Controlling project costs Managing unforeseen risks These practical examples help delegates understand how contractual principles operate in real construction environments. Avoiding Construction Disputes Dispute avoidance is a major objective of modern construction contracts. The seminar explains strategies for preventing disagreements before they develop into costly legal proceedings. Topics include: Early communication Collaborative working Clear contractual responsibilities Proper documentation Effective project management Timely decision making Delegates learn practical methods for maintaining positive working relationships throughout project delivery. Professional Networking Opportunities Beyond the technical presentations, the event offers excellent networking opportunities. Attendees can connect with: Construction lawyers Engineers Quantity surveyors Project managers Contractors Consultants Commercial managers Employers Developers Industry academics These discussions often lead to valuable professional relationships and knowledge sharing across the industry. Who Should Attend? This seminar is ideal for professionals involved in construction procurement, contract management, and project delivery. Suitable attendees include: Construction Lawyers Solicitors Barristers Engineers Quantity Surveyors Contract Managers Project Managers Commercial Managers Architects Developers Contractors Consultants Procurement Specialists Infrastructure Professionals Local Authority Representatives Key Benefits of Attending Participants will leave the seminar with: Better understanding of JCT24 updates Greater confidence using NEC4 Target Cost Contracts Practical contract administration skills Improved risk management knowledge Better procurement decision-making abilities Enhanced dispute avoidance techniques Knowledge of current legal developments Professional networking opportunities Continuing Professional Development (CPD) Actionable insights applicable to live construction projects Why This Seminar Matters Construction projects continue to increase in complexity due to technological innovation, sustainability objectives, digital construction methods, and changing regulatory requirements. Professionals responsible for delivering successful projects must understand how modern contracts allocate responsibility, manage commercial risks, and encourage collaboration. The JCT24 and NEC4 Target Cost Contracts seminar provides practical knowledge that enables organizations to improve project performance, strengthen contractual compliance, reduce disputes, and achieve better commercial outcomes. Register Early As Society of Construction Law seminars regularly attract professionals from across the United Kingdom, early registration is recommended. Whether you are an experienced construction lawyer or a project manager seeking to strengthen your contractual knowledge, this seminar offers valuable learning, practical guidance, and networking opportunities that will benefit your professional development and future construction projects.
Addleshaw Goddard LLP, Leicester
FEATURED
Defence Technology & Security Leadership Forum
Sep 15 - 16, 2026

Defence Technology & Security Leadership Forum

The global defence landscape is evolving at an unprecedented pace, driven by emerging threats, hybrid warfare, and rapid advancements in cutting-edge technology. The Defence Technology & Security Leadership Forum, organized by Defence Leaders, serves as an essential strategic summit designed to address these complex operational challenges head-on. Hosted in Chelmsford—a historic cradle of military and wireless technological innovation—this two-day executive conference convenes international defence specialists, security strategists, military leadership, and technology pioneers to discuss, collaborate, and define the future of defense operations. Strategic Objectives and Key Focus Areas At the heart of the forum is a commitment to fostering meaningful alignment between armed forces procurement imperatives and modern industrial technological capabilities. Over the course of two days, attendees will gain actionable intelligence regarding multi-domain integration, autonomous defence systems, resilient supply chain strategies, and advanced digital infrastructure. Speakers will deliver key briefings on how modern military organizations are leveraging artificial intelligence, cloud analytics, and cyber resilience to establish strategic superiority in increasingly contested operational environments. Interactive Discussions and Collaborative Sessions The forum structure prioritizes collaborative dialogue over passive listening. Interactive panel sessions will feature former and active military leaders alongside executive technology partners, providing a platform to debate critical topics such as interoperability among allied forces, strategic portfolio prioritization, and rapid capability deployment. Delegates will participate in structured roundtables focusing on overcoming integration barriers between legacy defense systems and modern commercial innovations. High-Impact Networking and Partnership Opportunities In addition to strategic insights, the Defence Technology & Security Leadership Forum offers unstructured and structured networking opportunities designed to connect decision-makers. Key leadership from primes, innovative SMEs, and government agencies can forge valuable partnerships, share operational experiences, and discuss upcoming procurement pipelines. The forum provides a venue to accelerate key security initiatives and foster long-term partnerships within the international defense community.
Grosvenor House Conference Suite, Chelmsford
ISLCRS Annual Clinical Congress 2026
May 14 - 16, 2026

ISLCRS Annual Clinical Congress 2026

The International Society of Laparoscopic Colorectal Surgery (ISLCRS) Clinical Congress returns to the historic town of Colchester, United Kingdom, for its 2026 session. Known as a global hub for surgical excellence and the home of pioneering robotic and laparoscopic training, Colchester provides the perfect backdrop for this high-level scientific gathering. This three-day intensive conference is designed to bridge the gap between traditional surgical foundations and the cutting-edge digital future of colorectal intervention. The program begins with a focus on Standardization and Safety. While laparoscopic techniques have become the gold standard, the global surgical community still faces challenges in consistency and complication management. Attendees will engage in deep-dive sessions regarding "Difficult Anatomy" and "Navigating Post-Operative Recurrence." These sessions are led by world-renowned faculty who will share unedited video footage of complex cases, providing an authentic look at intraoperative decision-making that edited highlight reels often miss. A significant portion of the 2026 congress is dedicated to the Technological Evolution of the Operating Theatre. We will explore the integration of Artificial Intelligence (AI) in real-time surgical guidance, where computer vision helps identify ureters and mesenteric vessels to enhance patient safety. Furthermore, the event will feature a dedicated "Robotic vs. Laparoscopic" symposium, debating the cost-effectiveness and clinical outcomes of various minimally invasive platforms in different healthcare economies. Education and mentorship remain at the heart of the ISLCRS mission. On the second day, the Young Surgeons Forum offers a unique opportunity for residents and fellows to present their original research to a panel of international experts. This interactive environment encourages peer-to-peer learning and networking, fostering collaborations that span continents. Following the presentations, hands-on simulation workshops will be available at the local training facility, allowing participants to practice advanced suturing and stapling techniques using the latest instrumentation provided by our industrial partners. Finally, the congress addresses Patient-Centered Outcomes. Beyond the technical skill of the surgeon, the event looks at the "Enhanced Recovery After Surgery" (ERAS) protocols that have revolutionized post-operative care. Experts will discuss the role of pre-habilitation, nutritional optimization, and the psychological impact of colorectal surgery on patients. By attending, you are not just learning how to operate better; you are learning how to care better. Join us in Colchester to be part of a community dedicated to precision, innovation, and the advancement of global surgical standards.
Colchester Hospital Education Centre, Colchester