construction work is determining labor and equipment expenditures. These are the categories of construction expense that are inherently variable and the most difficult to estimate accurately. + 3.15 Indirect Labor Costs
Indirect labor costs are
those expenses that are additions to the basic hourly rates and that are paid by the employer. + 3.16 Labor Unit Costs
A labor unit cost is the direct
labor expense per unit of production of a work type. A widely used alternative to this procedure involves the use of “labor unit costs”. + 3.17 The Cost of Heavy Equipment
Equipment costs, like those of
labor, are difficult to evaluate and price with precision. Equipment accounts for a substantial proportion of the total construction expense of most engineering projects but is less signifi- cant for buildings. +