Section 5: element definitions
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This isurv section is based on BCIS Elemental Standard Form of Cost Analysis (4th (NRM) edition) published in 2012. Definition: Allowance for client’s risks of unforeseen costs. Functional definition: Not a functional element, included for accounting purposes. Measurement: Total cost of contingencies. Includes Excludes 13.1 Design development risks Contractor’s commercial and other risk on framework, target...Explore the subscription options here to get full access to isurv, including downloads.
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