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A contingency plan, or alternate plan, also known colloquially as Plan B, is a plan devised for an outcome other than in the usual (expected) plan. [1] It is often used for risk management for an exceptional risk that, though unlikely, would have catastrophic consequences.
The 72-hour clause is a seller contingency which allows the seller to accept a buyer's contingent offer to purchase his/her property, while allowing the seller to continue to market the property. The 72 hour clause is usually written into sales contracts by the seller, this allows a seller to keep the home on the market and accept backup offers ...
With city fire hydrants running dry during major, wind-driven fires, firefighters have contingency plans to provide their own water using tanker trucks, said Arthur Lester, a spokesperson for the ...
Working on a contingency plan has become the priority in the last few weeks, Nunally said. "For centuries fairs have been where communities have come together to show and sell their wares ...
Contingency funds are funds that are released to assist with home energy needs due to emergency situations. They may be allocated to one or more grantees, or to all grantees, based on criteria appropriate to the nature of the emergency. Generally, these funds are released in response to extreme weather conditions or energy price increases.
The agency is still reviewing its contingency plan to determine operations for individual parks. However, some states could use their own funds to keep the national parks within their borders open.
72-hour kick out contingency - Seller contingency, in which the seller accepts a contract from a buyer with a contingency (typically a home sale or rent contingency where the buyer conditions the sale on their ability to find a buyer or renter for their current property prior to settlement). The seller retains the right to sell the property to ...
Plan for the worst Having contingency plans in place, to prepare for the ‘100 year storms’ Bill Gates often discusses, is important. While working toward ambitious goals (and having an ...
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