Using the same data from Problem 20, and the same contract type, how much will the contractor
Question:
Using the same data from Problem 20, and the same contract type, how much will the contractor be reimbursed if the cost of performing the work is $120,000?
Data from problem 20
A cost-plus-incentive-fee contract has the following characteristics:
Sharing ratio: 80/20
Target cost: $100,000
Target fee: $12,000
Maximum fee: $14,000
Minimum fee: $9,000
A. $112,000
B. $119,000
C. $126,000
D. $129,000
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Related Book For
Project Management A Systems Approach To Planning Scheduling And Controlling
ISBN: 9781119805373
13th Edition
Authors: Harold Kerzner
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