Direct Costs
Indirect Costs

Direct Costs:

       Overhead

 Material takeoff

 Pricing Material & Equipment

Construction Equipment

 Labor

 Special Conditions

 Government Furnished Materials 

 Sampling & Analysis Costs

 Transportation & Waste Disposal

 Environmental Management

       Conditions

The more accurate the estimates, the more prepared the owner will be for expected expenses, hence, fewer the consequences on the schedule.

Indirect Costs:

‘The indirect costs may be included as part of the code of accounts for a project. One method to estimate the indirect costs is to assign a cost to each cost account.  This must be based on the size and type of contract and could be a lengthy list.  This method requires a great deal of experience and a working knowledge of the construction firm's experience.’