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  • Delay in Start Up insurance coverage and soft costs are not the same.
  • Program's ` Soft Costs'
  • The costs by then were estimated to be $ 28.5 million, including soft costs.
  • For a contractor, soft costs are essentially construction costs incurred that are not labor and materials.
  • Soft cost is a contractor accounting term for their expenses that are not associated with a particular construction task.
  • Some soft costs may be incurred in the repair of a covered loss before the anticipated completion date is reached.
  • The balance is eaten up by " soft costs, including the whole cottage industry of syndicators and attorneys ."
  • Design, engineering and other " soft costs " now are expected to constitute 26 percent of the overall budget.
  • The study also allocates  soft costs,  such as architect and engineering fees, to all components of the building.
  • Soft costs differ from hard costs in both labor and materials; they are generally not considered to be exclusively related to physical construction.
  • An accepted rule of thumb estimates soft costs of a construction project at 25 percent to 30 percent of hard, or actual building, costs.
  • The Marlins may spend up to $ 89.5 million of their contribution on " soft costs "  or, non-construction costs.
  • In any case, he added, overemphasis on construction guarantees tends to overlook soft costs, such as professional fees and interest charges, which are equally important.
  • In fact, experts say, the " soft costs " of combining two apartments can represent a major portion of the total cost of the project.
  • The building cost $ 52 million, with an additional $ 13 million in " soft costs " such as architecture and engineering fees, furniture and marketing.
  • The BOB, which started at $ 279 million, figures to come in at $ 350 million, including land, roof, parking garage, soft costs and pool.
  • Schill called the cost gaps " extremely conservative, because they factor out the far higher costs of land and soft costs, " like professional fees in New York City.
  • Their construction trailer, water delivery, book keepers, etc . are all soft costs that continue on after the original anticipated completion date is reached, if the project is delayed.
  • But where they've had a problem is in overhead and soft costs, " said Allan Lipsky, hired last fall as the agency's interim deputy chief executive officer.
  • To control costs, the governor included construction " soft costs " such as design work and site acquisition in a set $ 138 per square foot allowance that the state will fund.
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