contingency


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Related to contingency: Contingency theory

Contingency

A sum of money identified contractually to provide for unforeseen activities during the course of the building project.

contingency

uncertainty of social outcome. Conceptions of an inherent contingency of social events underpin much opposition to apparently deterministic theories of SOCIAL CHANGE such as some versions of MARXISM or EVOLUTIONARY THEORY. See also CHANCE.

contingency

An amount of money, included in the budget for building construction, that is uncommitted for any specific purpose. This amount is intended to cover the cost of unforeseen factors related to the construction which are not specifically addressed in the budget.
References in periodicals archive ?
Throughout the allocation process, the J8 Contingency Operations Branch acts as the interface between the J3, the Office of the Secretary of Defense (Comptroller) (OSD-C), the Services and the CCMDs for providing fiscal planning guidance, determining authorities and identifying funding sources available and necessary to conduct contingency operations in support of the annual allocation process.
The change clarifies that the original lawyer, in line with a recent Supreme Court opinion, does not get any more money for handling lien resolutions under the original contingency fee contract, and also cannot split fees or receive any extra payment if lien resolutions are turned over to another attorney.
The goal of our contingency program is to expand support of the shooting sports to the individual competitor level.
Secondly, contingency contracting operations are supported by both military and civilian operators from a myriad of organizations.
Even if there is no hire and no resulting earned fee, contingency recruiters are still going to conduct the search, source and interview the prospects, deliver and move the candidates through a company's process and, if asked, do background checks and monitor additional testing.
PKL's Contingency Planning Guide builds on the company's 20+ years experience of delivering emergency kitchens and catering equipment at short notice.
OUSD [AT&L] DPAP had already been working with Secretary of the Air Force, Acquisition (SAF/AQC), as part of a Joint Contingency Contracting Working Group (JCCWG), to develop Joint contingency contracting policy.
Last month, RIMS President Janice Ochenkowski testified before the New York Insurance Commissioner's office, calling for an end to contingency fees.
Each member of a winning team shooting Easton arrows will receive a contingency endorsement contract in the amount of $9,000 for gold, $6,000 for silver, and $3,000 for bronze.
The addition of a contingency clause may cause a deal to stall because the seller could see this option as a bad faith or unsure decision," said Fabienne Lecole, a vice president at the Corcoran Group.
An interdependent group-oriented contingency allows every member of a group to receive the same consequence based on some aspect of the group's performance.
The following questions and considerations may help with preparing contingency plans.