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That's why they are unknown". But a more experienced general contractor is going to build in a buffer for those contingencies and that's going to inflate the budget.
For the aged, a home property provides a financial buffer against contingencies such as ill health or economic difficulties, and offers a nest egg for later life (Gaymu 2003).
More than half of the remaining £200m will be in reduced "contingency", cutting by £124m the financial buffer for overspend or things going wrong – although presumably a true contingency would render the spending necessary again.
Put something by each week for contingencies.
Plan for Contingencies.
But we always plan for contingencies".
How will you plan for contingencies?
684(b)(1), which authorizes deferrals "to provide for contingencies".
However, it is necessary to be prepared for contingencies.
Some planning for contingencies is important.
The mayor can be a political buffer for the superintendent.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com