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.
A term used in development projects for the amount that includes total land costs, site clearance, grading and construction costs, and landscaping.
All items of expense directly incurred by or attributable to a specific project, assignment or task. Direct Costs, Hard Costs, and Construction Costs are synonymous. [Go to source
Land acquisition and construction costs.
Equipment and it's tangible peripherals are considered hard cost. Most other expenses are soft costs including labor, training, etc.
All the costs associated with a project that purchase real (hard), resalable components, such as land, building materials or construction labor.
In a lease transaction, leased assets which are considered to be "tangible" (hardware, equipment, facilities, etc.) rather than intangible (software, services, consulting, training, etc.).
The direct costs of acquiring a business (such as the purchase price), constructing a building (brick and mortar), etc., as opposed to legal, accounting, consulting, financing, costs, which are called soft costs.
those expenses that are direct costs that physically go into construction such as fill material, grading, and land costs
Refers to the actual out-of-pocket costs in a real estate project as distinguished from "sweat" and other equity.
These costs include labor, material and equipment-related costs.