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What should be the final price of the contract

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Reference no: EM133055558

Question - Given: a Cost Plus Incentive Fee (CPIF) project you are managing:- Target cost: $100,000

Actual cost: $80,000

Target fee: $20,000Maximum fee: $25,000 Minimum fee: $15,000

Sharing ratio: 60/40

How much fee would the contractor earn?

What should be the final price of the contract?

Reference no: EM133055558

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