Question: A project is contracted as a Cost - Plus - Fixed - Fee ( CPFF ) type of contract with a fee of 1 0

A project is contracted as a Cost-Plus-Fixed-Fee (CPFF) type of contract with a fee of 10% 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?
A project is contracted as a Cost-Plus-Fixed-Fee (CPFF) type of contract with a fee of 10% 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?
a. $ 80,000
b. $125,000
c. $ 55,000
d. $ 75,000

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