Template-Type: ReDIF-Article 1.0 Author-Name: Bruce Biewald Author-Name: Stephen Bernow Title: Chapter 18 - Confronting Uncertainty: Contingency Planning for Decommissioning Classification-JEL: F0 Pages: 233-246 Volume: Volume 12 Issue: Special Issue Year: 1991 Abstract: Contingency factors are a standard ingredient in all types of estimated costs. The actual contingency figure used, however, is always open to question. Given the absence of large-scale decommissioning projects, the long future time reference, the history of early shutdowns, and possibility of accidents, there continues to be a substantial controversy regarding the contingency level that is most appropriate. In this chapter, Bruce Biewald and Stephen Bernow present a critical review of the matter of contingency factors, arguing that current common levels in the neighborhood of 25 percent are too low. Handle: RePEc:aen:journl:1991si-a18 File-URL: http://www.iaee.org/en/publications/ejarticle.aspx?id=1003 File-Format: text/html File-Restriction: Access to full text is restricted to IAEE members and subscribers.