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In construction, contingency is an allowance built into a budget to cover unexpected costs that may arise during the building process. It typically covers items related to unforeseen delays, labor cost overruns, and changes in materials cost.
In construction, contingency is an allowance built into a budget to cover unexpected costs that may arise during the building process. It typically covers items related to unforeseen delays, labor cost overruns, and changes in materials cost.
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