Sextilis had 30 days, until Numa when it had 29 days, until Julius when it became 31 days long. Augustus Caesar clarified and completed the calendar reform of Julius Caesar. In the process, he also renamed this month after himself.
Freebase(0.00 / 0 votes)Rate this definition: Soft Costs. Soft Cost is a construction industry term but more specifically a contractor accounting term for an expense item that is not considered direct construction cost. Soft costs include architectural, engineering, financing, and legal fees, and other pre- and post-construction expenses.
Inflationary cost growth during the construction contract period. Also referred to as. construction period cost escalation. In a project of long duration, cost of items purchased. or contracted for in the later stages of the project may increase. A responsible contractor. will include enough money in his bid to cover such increases. Escalation to midpoint is. part of the current cost and ECCA.