hard20 pts · first answer countsprocurementcontracts
Point of total assumption
A fixed price incentive fee contract has target cost $100,000, target profit $10,000, target price $110,000, ceiling price $120,000 and a buyer/seller share ratio of 70/30. What is the point of total assumption (PTA)?
PTA = target cost + (ceiling price - target price) / buyer share
Discussion 0
Join free to post in the discussion.
Related questions
- Transferring a riskProject Manager
- Contract with most buyer riskProject Manager
- When to use time and materialsProject Manager
- Cost plus incentive fee priceProject Manager
- A vendor claims extra paymentProject Manager
- Who owns the logoGraphic Designer
- Why sign an NDA?Business Development Manager
- What is an MOU?Business Development Manager