Common use of Contingency Management Clause in Contracts

Contingency Management. A contingency plan shall be in place to manage any unforeseen financial challenges or deviations from the financial plan. • Both parties shall agree upon a contingency fund and its usage to manage any unexpected financial requirements during the project.

Appears in 2 contracts

Sources: Fire Station Redevelopment Contract & Lease Agreement, Fire Station Redevelopment Contract & Lease Agreement