How to Add Contingency to your Project

Last Updated By Michael Croteau

Updated at March 24th, 2021

1. Hover over "Search Part Library".
2. Click "Create Custom Part".
3. Type your description and dollar amount.
4. Change markup to "0".

Overview

Regardless of your project size, you always need to be prepared for the unexpected. You can spend hours detailing every aspect of the job for your client - but there can always be those "unknown unknowns", the unforeseen changes that can cost you after your project is underway.

Setting aside a budget to account for the unexpected can save you a lot of hassle down the road, and keeps both you and your client prepared for any changes or pitfalls you may encounter.

Once you've decided on a contingency fund, you'll want to include this in your bid. Similar to creating an allowance or budget, Clear Estimates makes it easy to add a contingency to your estimate - you can do this in just a few simple steps! 


How To:


First, hover over "Search Part Library" on your Projects page. Then, click "Create Custom Part": 


Next, select a category. Enter a description, and type in a dollar amount:


Next, we'll want to remove the markup from this item. Open the part up using the blue "edit" button: 


 

Click the "Markup" toggle on the top right of the cost Bucket:   



Now, uncheck "Use Project Markup", and change the markup amount to "0": 


 

Now your contingency item won't be marked up on your estimate. Lastly, click "Save":




That's it! Hope this helps!


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