The following information belongs to a target cost contract: Target cost = $200 M Target band = $180 M and ends $220 M %3D 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 Minimum expected project cost = $ 150 M 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
The following information belongs to a target cost contract: Target cost = $200 M Target band = $180 M and ends $220 M %3D 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 Minimum expected project cost = $ 150 M 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
Fundamentals Of Construction Estimating
4th Edition
ISBN:9781337399395
Author:Pratt, David J.
Publisher:Pratt, David J.
Chapter8: Pricing Generally
Section: Chapter Questions
Problem 5RQ
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Question
![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](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2Ffdbb3914-d1f1-4547-8cab-f1cdf0ee63f7%2Fedebab22-eee3-4ae4-b7a0-e7c83a37de0f%2Fqjwgfq_processed.jpeg&w=3840&q=75)
Transcribed Image Text: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
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