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 $102,000?
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. $104,000
B. $107,400
C. $109,400
D. $110,000
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Related Book For
Project Management A Systems Approach To Planning Scheduling And Controlling
ISBN: 9781119805373
13th Edition
Authors: Harold Kerzner
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