Question: A Cost Plus Incentive Fee contract has a fee range of 1 0 , 0 0 0 to 2 0 , 0 0 0 .

A Cost Plus Incentive Fee contract has a fee range of 10,000 to 20,000. The original estimated cost of the work was 80,000 and the planned fee was 15,000. Actual costs were 100,000. If the share ratio is 80/20, what is the payment owed?

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