The "as well" is ambiguous. I interpreted it as "like other people are doing" rather than "spend twice as much as contingency". To me it seems like the more par

The "as well" is ambiguous. I interpreted it as "like other people are doing" rather than "spend twice as much as contingency". To me it seems like the more parsimonious interpretation, but I could very well be mistaken and they are indeed planning to throw money in both directions already just in case.