Detailed reference · 8 min read
A&A Renovation Budget: How Much Should You Keep in Reserve?
Keep enough A&A reserve to cover the unresolved building risks your project team has costed, after removing work already included in the contract. In the worked example below, three separate risks add up to S$16,000 on a S$300,000 base contract. That is an illustration of the method, not a recommended percentage or a Singapore price estimate; undecided fittings and optional upgrades are budgeted separately.