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Company xyz, a world-spanning conglomerate, is currently undertaking a particular project. Andy, the project manager, is thinking about using a CPIF (cost plus incentive fee)
Company xyz, a world-spanning conglomerate, is currently undertaking a particular project. Andy, the project manager, is thinking about using a CPIF (cost plus incentive fee) contract. The following parameters has been specied for the contract: Target cost argetfee Maximum fee Minimum fee Sharing formula (ownerfcontractor) '5115 Being a bit inexperienced, Andy has decided to ask you for some insight as he is not too familiar with this type of contract. Can you help him? Based on the provided Information, whatis the highest actual cost for which the contractor will be paid the maximum fee? Based on the provided information, whatis the lowest actual cost for which the contractor will be paid the minimum fee
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