Hi, I'm looking for guidance on whether to include FF&E costs in the construction cost that gets modeled in one of the construction sectors? On some of our past projects, we've excluded these costs as a conservative measure since it is our understanding that many of these costs may be incurred outside of the state where the construction is occurring. Another method we've utilized is to model the FF&E costs separately in the Wholesale trade sector and set the LPP to SAM (rather than 100%). Please let me know your thoughts on which method is more appropriate or if, alternatively, FF&E costs should generally be included in a construction cost for modeling purposes. Thank you.
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