Below is a list of common construction hard costs.
- Building Structure- Hard costs associated with the structure. This category includes all labor and material required to complete the whole building or structure.
- Site- The difference from the first one to this, is that this category includes all utilities underground, aerial, water systems, drains, fire, paving, grading, etc.
- Landscape – Hard costs related to landscaping works, including grass, lawns, trees, mulch, shrubs, fertilizer, and every other material included in the construction of the projects based on the architectural drawings.
- Contingency- Contingency is a reserved amount of money covering all estimated unforeseen conditions that might affect the construction process. Although it is not an amount that you can measure, it can be estimated from historical data between a five and ten percent of the total project costs for new projects and between 10 and 20 percent for remodeling projects.