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What is a contingency, and how much should I budget?

A contingency is a reserve for unforeseen costs — hidden conditions, design changes, or price fluctuations. For commercial construction, a contingency of roughly 5–15%+ of project cost is common, with renovations and older buildings warranting the higher end because of more unknowns behind existing walls.

Rize Construction: Let Rize go to work for you and recommend the right contingency for your specific project — free, with no obligation.


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