What is a good contingency percentage?

Ava Patel | 2023-06-09 03:40:58 | page views:1953
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Eleanor Harris

Studied at University of California, Santa Barbara (UCSB), Lives in Santa Barbara, CA
Most construction projects use a rate of 5%-10% from the total budget to determine contingency. Typically that will cover any extra costs that might come up. However, it is often a bad idea to use a rate less than that, depending on the scale of the project.Apr 2, 2015
2023-06-09 03:40:58

Sophia Cooper

QuesHub.com delivers expert answers and knowledge to you.
Most construction projects use a rate of 5%-10% from the total budget to determine contingency. Typically that will cover any extra costs that might come up. However, it is often a bad idea to use a rate less than that, depending on the scale of the project.Apr 2, 2015
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