While both relatively simple concepts, allowances and contingencies are often confused with one another. Conflating the two can lead to pitfalls. An easy way to remind oneself of the difference is: allowances are for known unknowns, and contingencies are for unknown unknowns. Tell me more >>>
Surety: Bidder Needs Engineer to Qualify for Mo. Project Bond
The courthouse roof and masonry project remains on hold while the Johnson County Commission waits for the low bidder to produce a performance bond. The county opened bids March 20. Strata Architecture and Preservation architects checked bidder qualifications, materials, references, schedules and tradesmen. Architects Susan Richards Johnson and Trudy Faulkner told commissioners the $647,700 low bid from All Trades Historical …
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