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6. Planned project cost was $40 million and the contractor was able to complete the job for $4 1.5 million. The rate of the fixed
6. Planned project cost was $40 million and the contractor was able to complete the job for $4 1.5 million. The rate of the fixed fee is 200 and the rate ofthe save sharing is 10% (6pt) a. What is the amount of fee if this project is under the cost plus fixed fee plus profit-sharing contract? Please assume that the contractor offered guaranteed maximum price (GMP) of 42 million. Please show your calculation. b. What is the amount of fee if this project is under the cost plus sliding fee contract? Please show your calculation
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