A reviewed estimate subtotal is $18,500 and management applies a 6% contingency once. What adjusted subtotal results?

NASCLA Electrical exam practice question · Project Design & Management

A reviewed estimate subtotal is $18,500 and management applies a 6% contingency once. What adjusted subtotal results?

A$18,610
B$19,060
C$20,350
$19,610

Why D is correct

The contingency is $18,500 × 0.06 = $1,110. Add it once: $18,500 + $1,110 = $19,610. Contingency should remain visible rather than being confused with overhead or profit.

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A reviewed estimate subtotal is $18,500 and management applies a 6% contingency once. What adjusted subtotal results?

A reviewed estimate subtotal is $18,500 and management applies a 6% contingency once. What adjusted subtotal results?

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