Question: 10. The table below shows a cost plus incentive contract. If the client meets the target of R50 million, they will get an incentive
10. The table below shows a cost plus incentive contract. If the client meets the target of R50 million, they will get an incentive of R6 million. The cost ceiling is R70 million and the client provides a further 20% incentive if the project costs are withing the ceiling. Cost (R million) Customer pays (R Contractor receives million) Target (contract) 50 million 6 million Actual Actual Actual 40 million (D) 75 million Calculate the calculations. (B) 5 million (F) (R million) (A) (C) (G) values of (A) to (G). Show all (12)
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