hard costs

Brick-and-mortar spending

Hard costs are the direct, tangible expenses in a construction or development project—materials, labor, land, and equipment.

They contrast with soft costs like permits, legal fees, architectural services, and financing charges.

Hard costs typically constitute the largest portion of a project budget: The hard costs came in under estimate, but soft costs pushed us over budget.

Related

punch list · concrete · lumber · permits · contractor · expenses · fixed · tangible · brick · steel · foundation · building · general contractor · invoice · bottom line · estimate · bid · change orders

Categories
Opposites
tangibility of expenditure

hard costsindirect costs

Expenses not directly attributable

administrative fees · professional fees · overhead · overhead costs · administrative costs

directness of project contribution

hard costsinspection fees

Charges for official examination

Family

hard, cost, harder, hardest, harden, hardened, hardening, hardness, hardly

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