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.
Illustrated Dictionary of Architecture Copyright © 2012, 2002, 1998 by The McGraw-Hill Companies, Inc. All rights reserved

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.
Collins Dictionary of Sociology, 3rd ed. © HarperCollins Publishers 2000

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.
McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc.
References in periodicals archive ?
Contingency analysis method is used to compute the effect of outages in power systems, failure of apparatus, transmission line etc.
As for the contingency mechanism, which is in our view is not really justified by data, but politically necessary, let's work on that," he said.
Once a non-urgent chunk becomes urgent due to the decrease of [t.sub.p], the peer sends chunk request to contingency server immediately, and contingency server responses to this request promptly to provide this urgent chunk.
The first of these contextual arguments depends on emphasizing similarities between conditional fee agreements and contingency fee agreements to the point of conflating these two types of fee arrangements.
As you might expect, this process is not perfect and is often impacted by a number of external factors such as continuing resolutions, sequestration and presidential decisions regarding force levels in Afghanistan, but that is part of the never-ending challenge in the contingency operations world to match resources to ever-changing requirements at a moment's notice.
These factors bring us to the final, and perhaps most significant, element of the modern crisis contingency.
There was also a difference in the number of rounds necessary to adjust after the contingency inverted: G1 showed a pattern of successive reduction of adjusting time to the current contingency, while G3 showed variable durations in successive phases A and B.
Even if a contingency fee auditor could in practice navigate this conflict, it could not avoid the appearance of impropriety that simply does not exist when a government employee performs the audit function.
John has closely followed the FASB's deliberations on its loss contingency disclosure project and the IASB's recent deliberations on the accounting for loss contingencies.
The Civilian Expeditionary Workforce (CEW) is a cadre of Department of Defense (DoD) civilian employees that have been pre-identified for support of DoD contingency operations.
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.
Carkenord neither experimentally evaluated his instructed contingency nor explored whether offering course credit was necessary to support his students reading assigned materials and completing notes before class.