46. In a project, a Cost incentive contract has been awarded to a contractor with the following parameters: What is the Point of total assumption (PTA, Breakpoint) of the project?
Target cost:$1,000,000Target contractor fee:$100,000Cost benefit sharing ratio:80%/20%Price ceiling:$1,200,000
Options given as ans:
o $1,000,000
o $1,100,000
o $1,125,000
o $1,200,000
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