Question: Under a Cost Plus Incentive Fee Contract (CPIF), how much would the buyer pay the supplier under the following conditions: Estimated costs $95,000 Agreed upon

Under a Cost Plus Incentive Fee Contract (CPIF), how much would the buyer pay the supplier under the following conditions: Estimated costs $95,000 Agreed upon performance fee- $15,000 Incentive fee associated with cost savings (60%/40%) Actual costs equal $75,000

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