The table below shows a cost plus incentive contract. If the client meets the target of...

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The table below shows a cost plus incentive contract. If the client meets the target of R50 million, they will get an incentive of R6 million. The cost ceiling is R70 million and the client provides a further 20% incentive if the project costs are withing the ceiling. Cost (R million) Customer million) 6 million (B) 5 million (F) Target (contract) 50 million Actual 40 million Actual Actual (D) 75 million pays (R Contractor receives (R million) (A) (C) Calculate the values of (A) to (G). Show all calculations. (12) The table below shows a cost plus incentive contract. If the client meets the target of R50 million, they will get an incentive of R6 million. The cost ceiling is R70 million and the client provides a further 20% incentive if the project costs are withing the ceiling. Cost (R million) Customer million) 6 million (B) 5 million (F) Target (contract) 50 million Actual 40 million Actual Actual (D) 75 million pays (R Contractor receives (R million) (A) (C) Calculate the values of (A) to (G). Show all calculations. (12)

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To calculate the values of A to G in the cost plus incentive contract we can use the provided inform... View the full answer