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.
â¢ Myth One: The project costs will be covered by the TI allowance. Reality: This refrain is often heard, and the myth is easily dispelled. Note that the word âallâ doesnât appear in front of project costs. In a typical model, we would assume approximate design fees of $4 per sf and basic construction costs of $45.Even with the average TI allowance of $40, the tenant is coming out of pocket a bit. Myth One: The project costs will be covered by the TI allowance. Reality: This refrain is often heard, and the myth is easily dispelled. Note that the word âallâ doesnât appear in front of project costs. In a typical model, we would assume approximate design fees of $4 per sf and basic construction costs of $45.