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(Solved): Question 2 The following information belongs to a target cost contract: Target cost =$200M Target b ...
Question 2 The following information belongs to a target cost contract: Target cost =$200M Target band =$180M and ends $220M Target contractor fee =$25M Cost saving share =70/30 by owner Cost increase share =65/35 by contractor Contractor minimum fees =$10M The GMC =$270M Minimum expected project cost =$150M Calculate the contractor maximum fee? Select one: a. 37M b. 34M c. 32M d. 36M