What Are Setup Costs?

Equipment installation engineering cost refers to all expenses incurred during the construction of the equipment to be installed, including direct costs, construction management costs, and other indirect costs. The direct costs of equipment installation projects are composed of labor costs, material costs, construction machinery usage costs, and other direct costs. Labor cost refers to the wages of workers who are directly engaged in equipment installation, such as the cost of labor for moving equipment from the construction site warehouse to the installation site, leveling, aligning, riveting and welding, and testing and pressure testing during equipment installation. Include direct labor costs. Material cost refers to all major and auxiliary material costs directly incurred for the installation of equipment, such as horns, washing oil, etc. The cost of construction machinery refers to the use of lifting machinery for lifting equipment and transportation machinery for handling equipment. ^[1]