Contingencies means unanticipated construction cost overruns and other unanticipated expenses. Because there are so many variables for an existing hotel, we cannot estimate these pre-conversion contingencies for a franchisee converting an existing hotel. You should assume it will be at least 10% of construction costs.
Contingencies has the meaning set forth in Section 9.03(a).
Contingencies means the discretionary amounts which may be paid by the Nama Khoi Municipality in respect of costs which were not specifically provided for in the Price Schedule but which may arise in the implementation of this Contract, the total of which amounts shall be 15% of the sum of the Initial Total Contract Price and Provisions;
Examples of Contingencies in a sentence
The internal works have been calculated as ten percent (10%) of the construction cost for all works plus fifteen percent (15%) Contingencies and Engineering, and rounded up to the next thousand dollar figure.
Any external works have been secured at one hundred percent (100%) of cost, plus fifteen percent (15%) Contingencies and Engineering, and rounded up to the next thousand dollar figure.
More Definitions of Contingencies
Contingencies means unanticipated construction cost overruns and other unanticipated expenses. Because there are so many variables for an existing hotel, we cannot estimate these pre-conversion contingencies for a franchisee converting an existing hotel.
Contingencies means the conditions under which a tax credit may be claimed and shall include each of the following:
Contingencies has the meaning set forth in Section 9.03(b) of this Agreement.
Contingencies means, collectively, the following:
Contingencies. Contributions to a contingency reserve or any similar provisions for unforeseen events;
Contingencies means events that have occurred, or that are likely to occur, that if included in the financial statements of the person, would have a material effect on the financial position of that person.
Contingencies means provisions for items of works which may have been overlooked or which may turn out to be necessary during progress of the services and price contingencies due to increase in international and domestic costs of person-months rates and reimbursable.