Transport Infrastructure Contract – Target Project Cost (TIC-TPC) Showcase

Author: Dale Cunningham and Louisa MacDonald

Transport Infrastructure Contract – Target Project Cost (TIC-TPC) is a new contract which has been developed to collaboratively engage suppliers in a formal tendering process with urgency to award and act on delivering the project on the ground. The TPC’s delivery model is design and construct and is suited for projects with low to medium complexity / risk scope of works.  Ideal project scenarios for the TPC include accelerated partially designed works as well as disaster / emergent works.  Tender packaging includes an Initial Project Instruction to contract award with scope for other Project Instructions based on performance.  The contract has flexibility for cost reimbursable and / or a commercial framework with gain / pain share model to incentivise the contractor.  To date, the TIC-TPC has been trialled four times in two different Regions with documented learnings to successfully deliver future projects. 

Key dates

  • Abstract nominations open

    7 February 2024

  • Abstract nominations deadline

    Closed

  • Author notifications

    June 2024

  • Registration deadline for presenting authors

    5 July 2024

  • Engineering, Innovation and Technology Forum

    20-22 August 2024, BCEC

Learn more about this abstract in-person

Don’t miss out on the opportunity to hear more about this abstract by attending the Engineering, Innovation and Technology Forum 2024. 

More Abstracts