All-in rate


All-in rate

Financial Definition

Rate used in charging customers for accepting banker's acceptances, consisting of the discount interest rate plus the commission. [All-In-Rate [http://financial-dictionary.thefreedictionary.com/All-in-rate] ]

Construction Estimate Definition

The total cost of an item including all direct and indirect costs for that item.
All-in rate is the gross hourly cost of employing the site operative, based upon the standard working week for the country, including items such as insurances, statutory contributions and taxes. The all-in labour rate for the Middle East includes the cost of importing labour and for food and accommodation. [Building International Costs 2005 [http://www.building.co.uk/story_attachment.asp?storycode=3047616&seq=2&type=T&c=1] ]

Example: All-In Labor Rate = (Total Direct Cost of Labor + Total Indirect Cost of Labor) / Total work hours


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