Question: Given: A cost-plus-incentive-fee (CPIF) research and development (R&D) contract with the following elements: incrementally funded effort; target cost of $200 Million; Maximum fee of $30
Given: A cost-plus-incentive-fee (CPIF) research and development (R&D) contract with the following elements: incrementally funded effort; target cost of $200 Million; Maximum fee of $30 Million; Target fee of $20 Million; Minimum fee of $6 Million and share ratio of 50/50. If the contractor's final total cost under-ran the estimated cost by $22 million how much fee would the contractor be paid?
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