Expenses / Direct Costs

In a budget /or contract, the expenses /(or direct costscosts) refer to all the non labor costs that are needed to execute the contract. For example:

• Travel and accommodation
• Software licences
• Hosting fees
• Equipment
• 3rd party service

In most cases there is no margin associated with theseThese items asare youusually charge themcharged at cost to the client. Nonetheless,Therefore Conduiteyou does allow tocannot specify a margin infor thedirect Budget Builder. This can be useful when you are reselling services and get a commission (ex: hosting services, licences).costs.