Question: A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis with a fee of 10 percent of estimated costs. The estimated cost is US$50,000. If the

A project is contracted on a Cost-Plus-Fixed-Fee (CPFF) basis with a fee of 10 percent of estimated costs. The estimated cost is US$50,000.

If the project comes in at US$75,000 with no changes in project scope, what would be the total cost of the contract?

US$55,000 US$125,000 US$75,000 US$80,000

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