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Keeping a close eye on contract allowances

$225.00

SKU: ONSfa162. Category: .

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Abstract: A contract allowance is an estimated dollar amount that allocates funds to a particular job task for which a specific dollar amount couldn’t be arrived at during bidding. Unfortunately, these amounts often lead to conflicts with project owners. This article reviews the concept of contract allowances and discusses some important points for contractors to bear in mind when handling them.

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