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Question (5): Draw a sketch to show the characteristic of the following target cost contract, Cost at the end of target band = 180,000 SR,

Question (5): Draw a sketch to show the characteristic of the following target cost contract, Cost at the end of target band = 180,000 SR, Cost at the start of target band = 140,000 SR, GMP = 320,000 SR, Cost increase share by the contractor = 25%, GMC = 280,000 SR, Target Fee = 20,000 SR, Max Fee = 28,000 SR, Min Fee = 15,000 SR, Share saving by contractor = 15%. Determine the contract full analysis using a sketch? Analyze the following situations: If Cost = 265,000 SR find the project profit and price? If Profit = 20,000 SR find the project cost and price? If Price = 205,000 SR find the project cost and profit?

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