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(Solved): Question 3 The following information belongs to a target cost contract: Target cost = $250 M Target ...
Question 3 The following information belongs to a target cost contract: Target cost = $250 M Target band = $230 M and ends $270 M Target contractor fee = $20 M Cost saving share = 60/40 by owner Cost increase share = 60/40 by contractor Contractor minimum fees = $5 M The GMC = $320 M Minimum expected project cost = $ 180 M Calculate the contractor maximum fee? Select one: a. b. 38 M C. 37 M d. 40 M 27 M
The following information belongs to a target cost contract: Target cost =$250M Target band =$230M and ends $270M Target contractor fee =$20M Cost saving share =60/40 by owner Cost increase share =60/40 by contractor Contractor minimum fees =$5M The GMC=$320M Minimum expected project cost =$180M Calculate the contractor maximum fee? Select one: a. 37M b. 38M c. 40M d. 27M