A sum of money set aside in the construction contract for items which have not been selected and specified in the construction contract. For example - selection of tile as a flooring may require an allowance for an underlayment material - or an elect

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1. A sum of money set aside in the construction contract for items which have not been selected and specified in the construction contract. For example - selection of tile as a flooring may require an allowance for an underlayment material - or an elect