Using the same data from Problem 23, and the same contract type, how much will the contractor

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Using the same data from Problem 23, and the same contract type, how much will the contractor be reimbursed if the cost of performing the work is $105,000?

Data from problem 23

An FPIF contract has the following characteristics:
Sharing ratio: 70/30
Target cost: $100,000
Target fee: $8,000
Price ceiling: $110,000

A. $105,000
B. $106,500
C. $110,000
D. $111,500

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Project Management A Systems Approach To Planning Scheduling And Controlling

ISBN: 9781119805373

13th Edition

Authors: Harold Kerzner

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Question Posted: Sep 27, 2023 08:02 AM

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Using the same data from Problem 23, and the same contract type, how much will the contractor

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Project Management A Systems Approach To Planning Scheduling And Controlling

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