Engineering
Governments and funding agencies recognize engineering as a hard science along with chemistry, biology and physics.
Governments and funding agencies recognize engineering as a hard science along with chemistry, biology and physics.
Additionally, many engineering firms do not realize they are engaging in R&D activities on a daily basis. Typically, engineers encounter complex issues, evaluate various solutions, and solve problems through an iterative design process.
There are incentives for this process. Whether firms provide Civil, Structural, or MEP engineering services, there is a high probability that they will have qualifying activities for tax credit and grants.
Examples of areas where qualifying R&D activities could exist
- Conceptualizing ideas and designs.
- Evaluating site features and climate conditions related to design and development efforts.
- Developing and designing master plans.
- Creating new and innovative designs for various structures.
- Collaboration and evaluation between consultants on means and methods for constructability.
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