(October 29, 2026 @ 6pm ET) 40 Minutes of Competence Study Session: Contract Contingency

This week's Amber Book: 40 Minutes of Competence program is titled, “Contract Contingency”

 

These study sessions are free and open to all, not just Amber Book subscribers, so join us this Thursday at 6pm ET: https://us02web.zoom.us/j/83922907346

 

You’ll take the first five minutes of class to answer this week's question alone, but if you would like to get a head-start on that, here is the assignment:

Contingencies are general allowances in a budget that cover unexpected costs.

So, what’s the difference between the owner’s contingency and the contractor’s contingency in a lump sum project?