Costs covers all development expenses. Every category is fully customisable: rename tabs, add rows and structure each category to match the project.
How Input Sections Work covers tabs, rows, rate types and Cost Assist.
Professional & Consulting Fees
All consultant and advisory fees: architects, engineers, surveyors, town planners, project managers.
Tabs can be structured by approval stage (DA Costs, BA Costs), by profession (Town Planner, Architect, Civil Engineer), or a mix of both.
Where a consultant has a schedule of fees, create a dedicated tab and list each fee as a separate row. All tabs roll up to the category total.
Construction & Works
Construction and works costs. Rename the category to suit the project: Construction Contract, Works Contract or Builder Contract. Create dedicated tabs for contracted works.
Construction Contingency
Enter a contingency percentage of total construction costs, to buffer against cost risk, unknowns or funder requirements.
GST is not applied to the contingency amount, as it is not a real cost.
Two calculation bases:
Inc GST basis: calculated on GST inclusive construction costs, producing a higher contingency amount
Ex GST basis: calculated on GST exclusive construction costs, producing a lower contingency amount
Contingency can also be added as a separate line item in any tab. Useful for preliminary feasibilities, or for unique or uncertain risks.
Infrastructure & Authority Fees
All government, authority and industry charges related to the development. Tabs are user-created, so structure them to match the project and approval process.
A typical structure:
Infrastructure & Headworks Fees: government levies tied to development approvals, infrastructure contributions and council charges. Use the Credits field to offset applicable rebates or government contributions
Council Charges: council applications, land titles, building certification, workers levy
Utility & Services: installations, relocations and connections including gas, water, stormwater, telecommunications and electrical
Some fees are GST exempt. Select Exempt from the GST dropdown.
Land Holding Costs
All costs incurred while holding the land before construction begins: council rates, land tax, insurance, security.
For post-construction outgoings, such as body corporate fees at project end, add a tab named Outgoings and list items there.