1. 100% Incentive (below 50K cap)
| Average Space Cost (prior fiscal year) | 195,000 |
| F&A actuals (prior fiscal year) | 200,050 |
| Average F&A recovery to Geisel based on qualifying awards (basis year) | 180,000 |
| Calculated FRIP incentive (20% of F&A) | 36,000 |
2. 100% Incentive (above 50K capped)
| Average Space Cost (prior fiscal year) | 195,000 |
| F&A actuals (prior fiscal year) | 200,050 |
| Average F&A recovery to Geisel based on qualifying awards (basis year) | 300,000 |
| Calculated FRIP incentive (20% of F&A) | 60,000 |
| Actual FRIP incentive (capped) | 50,000 |
3. Partial Incentive
| Average Space Cost (prior fiscal year) | 195,000 |
| F&A actuals (prior fiscal year) | 180,000 |
| Variance | 15,000 |
| Average F&A recovery to Geisel based on qualifying awards (basis year) | 180,000 |
| Calculated FRIP incentive (20% of F&A) | 36,000 |
| Less variance (Average Cost – Actual Recovery) | -15,000 |
| Less variance (Average Cost – Actual Recovery) | 21,000 |