Steel frame formwork can contribute to the overall cost of a construction project in several ways. Firstly, it may require a higher initial investment compared to other types of formwork, such as timber or aluminum. However, this cost is often justified by its durability and reusability, as steel formwork can withstand multiple uses without significant wear and tear. Additionally, steel formwork can help to expedite the construction process by allowing for faster assembly and disassembly, reducing labor costs. Moreover, its strength and stability can minimize the need for additional support structures, saving on material costs. Overall, while steel frame formwork may have a higher upfront cost, its efficiency and longevity can result in long-term cost savings for the construction project.