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Scope of Work Construction Budget Template

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* A contingency line item is highly recommended on all projects (Maximum Contingency 10%)
* Demolition + Cleanup should not exceed 10% of the total budget. Exceptions case by case.
* No specific line item can be solely for “labor” or “management”, Include these funds in the existing items.
* Do not include line items for Non-improvement costs such as “taxes”, “insurance”, or “builder’s risk”
* Include the Quality, Quantity, and Location of the work, in each line item description
* Line item funds will be allocated equally for multi-unit properties unless otherwise specified.

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