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Fixed Price Award Fee

edited Sep 19, 2011 7:30PM in Projects - EBS (MOSC) 5 commentsAnswered
We have Fixed Price Projects at our company that have a Revenue Accrual Method of Cost and a Billing Method of Event. The Revenue event is "Cost to Cost Revenue". The new contract that we have been awarded ia Fixed Price, but has an Performance Based Bonue. What is the best way to recognize the Full Award amount that is not based on a Percent complete bases on the budget (actual cost/budgeted cost)?

thanks!

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