soft costs


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soft costs

Construction costs that cannot be visibly seen, such as professional fees for architects, surveyors, engineers, lawyers, and accountants; government fees and permits; utility hookup fees; and construction period interest and loan fees.

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Combined Technical Assistance and Designation Program Efforts Seek to Reduce Soft Costs in 300 Communities Nationwide
SOFT COSTS, SITE IMPROVEMENTS, TENANT IMPROVEMENTS $257.
Concerns on the liquidity profile of the Company are anticipated to be alleviated by expected savings in financing and soft costs, net liquidated damages in relation to the engineering, procurement and construction (EPC) contract and the Power Purchase Agreement, as well as a standby line of credit to be procured by March 2016 to fund the Finance Service Reserve Account.
These plans will in addition aim on exploring ways to decrease the soft costs permitting, financing, and interconnection of solar power.
A recent study conducted by the US DOE revealed that industry soft costs (any costs not directly related to hardware) account for more than 60 percent of the installation cost of residential solar systems.
A spokesperson for the banking firm said, 'Over the past 18 months we have developed a range of finance solutions that we believe are market-leading for telco and office equipment - for example the financing of software, soft costs, implementation and consultancy.
Proceeds of the loan will be used to pay a $400,000 seller mortgage, and for working capital, infrastructure costs and soft costs.
The project now has a total budget of $1,120,000 with $1 million in construction costs, and $120,000 in soft costs.
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.