Soft costs


Also found in: Financial.

Soft costs

Development expenses other than those devoted to land and actual construction, such as interest on borrowed funds, architectural and other fees, marketing costs, and incidental expenses.
References in periodicals archive ?
DOE hopes ultimately to push soft costs down to 60 cents per watt by 2020.
The unendorsed ISO builders risk form no longer offers soft costs and rents as a part of the form.
We have been working shoulder-to-shoulder with the OPS team to analyze all aspects of the state s spend and implement strategies, tactics and processes designed to reduce both hard and soft costs.
This is not a spec product, and pushing soft costs like reduced maintenance for a solution that's three times the cost to building engineers is a tough sell.
Financing may include soft costs such as installation and other related expenses.
The cost to renovate the 76,500-square-foot building (purchased on May 4, 2007) is roughly $76 million: $46 million for acquisition, $16 million for hard costs including material and labor, and $14 million for soft costs including financing, brokerage and professional fees.
Soft costs generally include architectural, engineering, legal fees, financing fees and other costs not directly associated with construction of the project.
9 billion was spent on soft costs, site development and tenant improvements; another $265.
There are a number of hard and soft costs that can be factored into a poor hiring decision.
Nothing is worse than making a big investment in a stationary machine-pouring a foundation and bringing in the electricity--and finding out a year later that you have to get a larger machine and re-do all of the soft costs to accommodate the bigger machine," Ely says.
When adding or replacing a piece of equipment that is really needed these hard and soft costs are a necessary investment.
Quantify what your organization would save in terms of soft costs and benefits, such as increased productivity, unified messaging and off-net productivity.