In a Cost-Plus Incentive Fee contract, the target cost is $200,000 and the target fee is $9000. The seller and buyer agree to share the saving/loss with 70% to the buyer and 30% to the seller.

Target cost = $200,000

Target fee = $9000

Calculate the final fee and final price if the project is over and

a) the buyer has agreed that the costs are in fact $240,000.

b) the buyer has agreed that the costs are in fact $170,000.