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Cost Section

Professional Fees, Construction Costs, Progress Payment Schedule, Infrastructure Fees, Headworks Fees, Statutory Fees, Contingency

Updated over a week ago

πŸ’Έ Costs Section

The Costs section is where you’ll enter all development-related expenses β€” from consultant fees to construction, council charges, and contingencies.

πŸ—‚οΈ Cost Categories are Customisable
You can tailor each tab to suit your projectβ€” for example, rename Infrastructure Fees to Headworks. Learn how to customise cost categories.

πŸ“… Cashflow Icon
If actual payment dates are known, click the cashflow icon next to a cost to sync it directly to your cashflow.


πŸ§‘β€πŸ’Ό Professional Fees

Add consultant and advisory fees β€” such as architects, engineers, surveyors, or project managers.
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You can customise the tabs to suit your workflow β€” set them up by approval stage (e.g. DA Costs, BA Costs) or by discipline (e.g. Civil Consultants) β€” or just keep it simple with a single tab.


πŸ—οΈ Construction Costs

Construction Contract

Include your main construction contract amount here.

You can also add any variations now or update them later once the project is live.

πŸ’‘ Tip: Land subdivision projects may not require a formal construction contract β€” you can list civil works here or under Professional Fees instead.

Progress Payment Schedule
Feasly auto-generates a draw schedule β€” distributing the contract value across an estimated timeline.

  • Click Distribute to activate.

  • Use Redistribute to adjust.

  • Update with actuals as the project progresses.

Other Construction Costs

Capture construction-related costs not included in your main contract β€” e.g. demolition or site preparation.


πŸ“‹ Development Fees & Charges

Include all government, industry, and local authority charges related to the development.

  • Infrastructure Fees & Credits (Headworks):
    Government levies tied to development approvals. Use the Credits field to offset any applicable rebates or contributions.
    ​

  • Statutory Fees:
    Government or industry fees β€” such as council applications, land titles, or the Workers Levy.
    πŸ’‘ Some costs may be GST Exempt. Select β€œExempt” from the GST dropdown. Seek Professional Advice.
    ​

  • Other Fees & Charges:
    Utility or industry-related costs β€” e.g. water, electricity or NBN connections, service installations, or relocations.


🏘️ Land Holding Costs & Outgoings

Add all costs incurred while holding the land β€” either before construction or sale (Land Holding) or after development (Outgoings).

  • Land Holding Costs:
    Costs to maintain the land β€” such as council rates and land tax.
    ​

  • Outgoings:
    Ongoing expenses such as insurance, security, body corporate fees, and pre-sale maintenance.
    ​


⚠️ Contingency Allocation

Add buffers to account for cost risks and unknowns.

  • Construction Contingency:
    Applies a percentage of Total Construction Costs.
    ​

  • Project Contingency:
    Applies a percentage of Project Costs.
    ​Excludes: Construction Costs, Construction Contingency, Funding Costs.
    ​Includes: Sales Costs (excluding those remitted at settlement).

πŸ’‘ Tip: You can also add a contingency as a separate line item in any tab β€” helpful for unique or unknown cost risks.
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πŸ“ Note: GST is not applied to contingency allocations in the GST Summary Report, as they are not actual costs.



πŸ†˜ Need Help?

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