WebContingency is an amount of money built into the contractor’s price to complete the project to address unforeseen (although sometimes very common) costs that arise. This sum of money is generally referred to as the contractor’s contingency. The amount of the contingency is a balance struck between having money on hand to address the ... WebContingent. Fortuitous; dependent upon the possible occurrence of a future event, the existence of which is not assured. The word contingent denotes that there is no present interest or right but only a conditional one which will become effective upon the happening of the designated condition. A contingent remainder is the right to possess property after …
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Webcontingency n. (future possibility) evenienza, eventualità nf. It is important that we plan for all contingencies. È importante tenere in considerazione ogni evenienza. contingency n. ( [sth] dependent on future) evenienza, possibilità nf. contingency n as adj. Web3 Likes, 0 Comments - dera.shop (@dera.vintage) on Instagram: "Geny Overall ‼️ 107.000 ‼️ Detail Material : Cotton Twill Lingkar Dada Free Panjang J..." happy and lucky new cartoon
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WebAug 27, 2024 · Another definition: a contingency in construction is a downside risk estimate that makes allowance for the unknown risks associated with a project. Typically, contingencies refer to costs and are ... Webcontingency definition: 1. something that might possibly happen in the future, usually causing problems or making further…. Learn more. WebMar 31, 2024 · A contingency clause in a real estate contract states a specific condition that must be met in order for the contract to be finalized. If the condition is not met, the clause allows the buyer or seller using the contingency to withdraw from the contract without any penalty. Contingency clauses can protect both the buyer and seller from being ... chain saw tree cutting machine