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NASCLAProcurement and Contracting Requirementsmedium

What is an allowance in the contract sum?

Correct Answer

D) A stated amount included for work or items not fully defined at bid time.

Allowances carry a stated amount until final selection or scope is reconciled.

Answer Options
A
Base the allowance definition response on a contractor's hidden contingency
B
Classify the condition as a deleted scope item
C
Classify the condition as a warranty certificate
D
A stated amount included for work or items not fully defined at bid time.

Why This Is the Correct Answer

Allowances carry a stated amount until final selection or scope is reconciled.

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