he following information belongs to a target cost contract: Target cost = $250 M Target band = $230 M and ends $270 M Target contractor fee = $10.5 M Cost saving share = 55/45 by owner Cost increase share = 65/35 by contractor Contractor minimum fees =$5 M The GMC = $320 M Minimum expected project cost = $ 200 M Calculate the contractor fee, if the project cost is 280 M? Select one: a. 6 M b. 3 M c. 4 M d. 5 M

he following information belongs to a target cost contract: Target cost = $250 M Target band = $230 M and ends $270 M Target contractor fee = $10.5 M Cost saving share = 55/45 by owner Cost increase share = 65/35 by contractor Contractor minimum fees =$5 M The GMC = $320 M Minimum expected project cost = $ 200 M Calculate the contractor fee, if the project cost is 280 M? Select one: a. 6 M b. 3 M c. 4 M d. 5 M

Fundamentals Of Construction Estimating

4th Edition

ISBN:9781337399395

Author:Pratt, David J.

Publisher:Pratt, David J.

Chapter13: Pricing Subcontractors' Work

Section: Chapter Questions

Problem 2RQ

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only answer The following information belongs to a target cost contract: Target cost = $200 M %3D Target band $180 M and ends $220 M Target contractor fee = $25 M %3D Cost saving share = 70/30 by owner Cost increase share 65/35 by contractor Contractor minimum fees =$10 M The GMC = $270 M %3D Minimum expected project cost = $ 150 M %3D Calculate the project cost, if the contractor Fee is ?Zero إختر أحد الخيارات: М 285.4 .а О M 292.4 b O M 297.4 .c