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