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