Question: Target fee For a Cost-plus incentive fee (CPIF) contract, the following details are given Target Cost = RS. 19,00,000 Rs. 1,90, ovo Bee for cost

Target fee For a Cost-plus incentive fee (CPIF) contract, the following details are given Target Cost = RS. 19,00,000 Rs. 1,90, ovo Bee for cost over runs = 80%. Client / 20% contractor BCR for Cost ander sans = 70%. Customer /30% Contractor. (a) If the annual Cost = Rs. 21,00,000, what is the total cost to the customer? What are the Contractors Carnings? (6 If the Actual cost = Rs. 15,00,000; What is the total cost to the customer? What are the Contractor's earnings
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