Civil Engineering MCQJE Level Civil Engineering
For allowance for unforeseen minor items, which of the following rules or methods is correct?
Estimation and CostingContingenciesMEDIUM
Choose the correct answer
A
contingency means contractor profit only
B
it is always negative
C
a percentage provision is included in estimates
D
it replaces detailed quantities
Correct Answer
C. a percentage provision is included in estimates
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Contingencies cover minor unpredictable costs. Correct option: C.
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