When the pipeline is completed, the construction cost is US$60,000. What amount should the contractor be paid?

The project manager of a pipeline project hires a construction contractor using a cost plus fixed fee (CPFF) contract. The contractor provides the project manager with an estimate of US$50,000, and a fixed-fee amount of US$5,000. When the pipeline is completed, the construction cost is US$60,000. What amount should the contractor be paid?
A. US$65,000
B. US$60,000
C. US$55,000
D. US$50,000

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