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

Question

Question 2 The following information belongs to a target cost contract: Target cost

= $200 M

Target band

= $180 M

and ends

$220 M

Target contractor fee

= $25 M

Cost saving share

= 70/30

by owner Cost increase share

= 65/35

by contractor Contractor minimum fees

= $10 M

The GMC

= $270 M

Minimum expected project cost

= $150 M

Calculate the contractor maximum fee? Select one: a.

37 M

b.

34 M

c.

32 M

d.

36 M

Accepted Answer

Expert Answer to -  Question 2 The following information belongs to a target cost contract: Target cost =$200M Target b

Answer

Solution for -  Question 2 The following information belongs to a target cost contract: Target cost =$200M Target b

Answer

This an additional answer to -  Question 2 The following information belongs to a target cost contract: Target cost =$200M Target b

(Solved): Question 2 The following information belongs to a target cost contract: Target cost =$200M Target b ...