Definitions for "HARD COSTS"
is the purchase price of actual assets. For example, the purchase price of a new printing press would be the hard cost. The soft costs are additional fees for items like factoring-invoiced installation, prepaid and extended warranties, or service contracts for the new equipment.
The costs that go into the physical improvement of the premises, e.g., HVAC, telecommunications, wiring/cabling, furniture, fixtures, partitions.
Costs incurred by the contractor in providing all labor, materials, equipment, general conditions, overhead and profit for the construction of a project.