![]() Soft costs, also called indirect costs, include design and other services that might be needed for a project, but aren’t directly tied to the building or materials. A contractor determines these costs based on pricing they receive from subcontractors and suppliers, as well as the costs to employ their own workers. ![]() Hard costs are for the actual construction of the building, including materials, labor, and equipment costs. Learn how to create a construction budget (and stick to it) 1. There are four main parts of a construction budget when you’re breaking down income and expenses for any project, whether residential or commercial. The four key parts of a construction budget Tips for creating an accurate construction budget.Commercial construction budget template.Residential construction budget template.The four key parts of a construction budget. ![]()
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