Decision in paragraph 156 in UNEP/OzL.Pro/ExCom/12/37

March 1994
Contingency costs

The use of contingency costs in project proposals

156.           The Committee decided to adopt the recommendations contained in the Secretariat document, UNEP/OzL.Pro/ExCom/12/32  as follows:

                   (a)         implementing agencies should not apply physical contingency charges against known costs for project components (e.g., licences, certain pieces of equipment, training costs, equipment and services already purchased, etc.); and,

                  (b)        implementing agencies should minimize contingency costs as experience was gained with standard equipment, technology and other project costs and in-field implementation and procurement.