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For the play of this title, see The Contingency Plan. A contingency plan is a plan devised for an outcome other than in the usual (expected) plan.It is often used for risk management when an exceptional risk that, though unlikely, would have catastrophic consequences. Contingency plans are often devised by governments or businesses. contingency plan is a plan devised for an outcome other than in the usual (expected) plan.
A contingency contract specifies the contingent relationship between the completion of a specified behavior and access to a specific reinforcer.A contract describes the tasks and the reward, and has a record of progress.hapter Objectives. 1  Define and identify the components of a contingency contract. 2  Define and identify the components of a token economy. 3  Explain the considerations that must be made when implementing a token economy. 4  Define and identify the different types of group contingencies.