direct costs


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direct costs

Construction costs that are readily identifiable,such as labor,materials,and construction management fees. Contrast with indirect or soft costs which cover an allocation for overhead plus all expenses spent away from the construction site, such as legal, accounting, permitting, and construction period interest.Sometimes called hard costs.
References in periodicals archive ?
Reduced direct costs also resulted in gross profit worth $965,250 (SAR3.62m) in the third quarter 2017, which is an improvement over Q3 2016's gross loss, worth $9.4m (SAR35.2m).
Data for length of stay and variable direct costs were compared for those who received a palliative care consult in the ED versus those who received a consult at a later point in their hospital stay.
However, most of the time we cannot both improve accuracy and reduce direct costs.
As far as the direct costs [C.sub.P] components are concerned, we do the analysis with the same kind of calculations and graphs as used by Edenhofer et al.
The new simplified reimbursement model no longer covers indirect real costs of research projects but proposes reimbursing them at a rate of 20% of direct costs. Meanwhile, direct costs would be fully reimbursed (100-20 model, changed to 100-25 by the Research Council).
Or we could adjust our overall pricing so our gross sales are higher, and maybe reduce our direct costs.
Costs related to Extra Work for worker's compensation insurance and performance and payment bonds were moved out of overhead and made a reimbursable direct cost.
In addition to the direct costs of damage, preparing for and adapting to climate change will be expensive.
The identification and accumulation of direct costs by contract is a vital part of the accounting system.
Mobile communication company Nokia (NYSE:NOK) and Matsushita Battery Industrial Co Ltd of Japan announced on Friday (24 August) that the companies have agreed that Matsushita will cover the direct costs related to the product advisory on Nokia-branded BL-5C batteries.
The NIH Directora[euro](tm)s New Innovator Award offers grants of up to $1.5 million in direct costs over five years.
Using Medical Expenditure Panel Survey (MEPS) data, CDC analyzed national and state-specific direct costs (i.e., medical expenditures) and indirect costs (i.e., lost earnings) attributable to arthritis and other rheumatic conditions (AORC) in the United States during 2003.