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What is the Difference Between ‘Hard Costs’ and ‘Soft Costs’ in Construction: A Detailed Comparison

Building Radar

In construction, understanding the difference between hard costs and soft costs is crucial for budgeting, project management, and overall financial planning. Both cost categories play a pivotal role in determining the total expenditure of a construction project, but they cover very different aspects of the process.

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What’s in a JOC Coefficient

Job Order Contracting

Employee payroll taxes, insurance, and fringe benefits. Business taxes, contributions, memberships, corporate headquarters support (legal, financial, etc.). Sales tax on material and equipment costs. Project management and supervision. Office management and equipment. All waste and excess material.

Overhead 100
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Understanding the Contractor’s Job Order Contract Coefficient

Job Order Contracting

Example include, general and administrative and other overhead costs, insurance costs, bonding and alternative payment protection costs, protective clothing, equipment rental, and contractor’s profit. Employee payroll taxes, insurance and fringe benefits. Sales tax on material and equipment costs. Quality control.

Contract 100
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The Role of Construction Software Technology in Mitigating Risk

Viewpoint Construction Technology

Process issues refer to anything that affects execution and delivery of a project. Lack of information, errors with materials or equipment, missing documentation and much more can bring work to a grinding halt. Technical and Legal and Compliance Issues. The Effect of On-Site Disputes.

Risk 130
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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. Most of these contractors are considering an investment in equipment or software, and they want to know if it can actually help their construction business. Management.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. Some project managers tend to think of safety in the workplace as one of those things that we do “when we get a chance.” Committing Intentional Project Communications.

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Construction Business Owner Blogs

Construction Business Owner

INSURANCE |. EQUIPMENT |. General Management. People Management. Equipment Management. Equipment and Services Directory. Committing Intentional Project Communications. Better Project Management through Better Communication. Management. project collaboration.

Software 120