Contingency

Contingency is a reserved portion of the actual budget for unforeseen expenses.

What You Can Do Here

• Allocate Contingency

  • Allocate by percentage or amount

  • Contingency amount is extra and not taken from the actual budget. 

• Request Contingency

  • Add full or partial contingency

  • Use amount or percentage

  • Mandatory reason required

• Track Contingency Pool

  • Total Contingency

  • Amount Used

Pro Tip: Use contingency sparingly and always document reasons for transparency.