MGT640_James Kim_Assign_Feedback.xlsx

MGT640_James Kim_Assign_Feedback.xlsx - Project Procurement...

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Project Procurement Contract Type Project operating under a CPIF contract Target Price $ 223,096 Target Cost $ 215,000 Target Fee $ 8,000 Buy'ers Share Ratio 0.70 Seller's Share Ratio 0.30 Actual Cost $ 207,643 Thanks for sharing the details and analysis in 1. What incentive fee does the buyer pay the seller? Incentive Fee = ((Target Cost - Actual Cost) * Share Ratio) Incentive Fee = $ 2,207.10 2. What is the total contrcat price? Total Contract Price = Actual Cost + Target Fee + Incentive Fee Total Contract Price = $ 217,850 Good job sharing this analysis wi Project operating under a FPIF contract Price Ceiling $ 531,000 Target Cost $ 505,000 Target Fee $ 20,000 Buy'ers Share Ratio
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