For the following information about the construction project contract: contract type: target estimate project target cos

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For The Following Information About The Construction Project Contract Contract Type Target Estimate Project Target Cos 1 (22.38 KiB) Viewed 41 times

For the following information about the construction project contract: contract type: target estimate project target cost: LE 3700000 contractor fee: LE 740000 Sharing: 25% for the contractor and 75% for the employer Actual contractor's profit after completion: LE 629000 After project completion. Answer the following questions Note: Calculate up to 4 decimal places (at least) Calculate the project actual cost (AC)? "LE" Estimate the percentage of contractor's profit? put as 0.01 not 1% Estimate the employer's actual total cost (total amount paid by the employer)? "LE" Is the total cost paid by the employer more or less than targeted? if more put 1, if less put 0