The buyer is not confident on the actual start date of the project, so for this procurement, a target start date and a Fixed Price with Economic Price Adjustment contract is used. The buyer and seller agree on 4 quarters per year, and a 3.3% per quarter (Q) of +/- change (delayed + 3.3%/Q, earlier -3.3%/Q). The fixed price for the contract is $1700007.00 CAD, and the target start date is April 18, 2020.

a)What is the quarter(s) change that takes place from the target start date if the actual start date is April 18, 2019? (Please answer in Box1)

b)What is the total contract price with economic price adjustment if the project starts on April 18, 2019 (round answer to a full dollar, no cents)? (Please answer in Box2)