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A fixed-price-incentive-fee contract has the following characteristics: Sharing ratio: 70/30 Target cost: $100,000 Target fee: $8,000 Price ceiling: $110,000 How much will the contractor be

A fixed-price-incentive-fee contract has the following characteristics: Sharing ratio: 70/30 Target cost: $100,000 Target fee: $8,000 Price ceiling: $110,000 How much will the contractor be reimbursed if the cost of performing the work is $105,000

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