Preamble
p. p. 8
The project is being filed as a AACE Class 3 estimate. The defined deliverables for this project indicate that 88% of Class 3 deliverables are completed. AACE recommends applying between 10% and 30% contingency to estimates in this class....
AI summary The project is classified as an AACE Class 3 estimate with 88% of deliverables completed. A 15% contingency was applied to account for risks like weather or logistics issues during installation.