Cost Detail Report Definitions

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Cost Detail Report Definitions

RCT Cost Detail Report Definitions

Foundation: Foundation Cost which includes excavation work, footings, foundation walls, piers, etc.

Slab on grade: Cost for concrete slab.

Framing: Framing Costs which includes floor framing, ceiling framing, roof framing, exterior and interior wall framing, and wall, roof, and floor sheathing.

Roofing: Cost for roof cover which includes roof cover and insulation, vent pipes, flashing, and gutters.

Exterior Walls: Cost for exterior walls which includes wall cover, insulation, exterior doors, and windows.

Partitions: Partition wall cost includes drywall or plaster and interior doors.

Wall Finishes: Wall finish costs include wall cover (paint, wallpaper, etc.) for both walls and ceiling and moldings.

Floor Finishes: Floor finish costs include floor cover (carpet, tile, etc.)

Ceiling Finishes: Ceiling finish is the ceiling cover (drywall, plaster, acoustical tile, etc.)

Equipment: See note below

Conveying Systems: Costs associated with lifts, elevators, and dumbwaiters.

Plumbing: Plumbing cost includes the cost of rough-in plumbing, bathroom fixtures, kitchen sinks, and water heaters.

HVAC: HVAC costs include any heating or cooling unit and ductwork.

Electrical: Electrical costs include rough-in electrical, service panel, lights, switches, etc.

Attached Structures: Costs associated with garages, porches, decks, etc.

General Conditions: General conditions include architect fees, taxes, fees, required fringes, and other items that are not easily categorized into the other components of a building.

Note: Description of Cost Detail Equipment Column and the Equipment line that appear on the RCT report:

Equipment Column:

Costs that are displayed in this column represent those related to the equipment that was used to actually construct the residence. Usually most or all of these costs appear in the Foundation or Slab on Grade lines and represent costs for the heavy equipment used for grading and excavating. Contractor’s expenses for lifting equipment, floor sanders, paint sprayers, and the like will also appear here.

Equipment Line:

Costs that are shown here are for the cabinetry and appliances included in kitchen packages. Also, if the user has made entries for Fireplaces, Wood Stove. French Doors, Hot Tub, Jacuzzi, Wet Bar, Vanity, Spiral Stairs, Central Burglar Alarm, Central Vacuum, Intercom, or Central Fire Alarm, those costs will appear on the Equipment Line.