All-in rate


The term All-in rate is used in both Construction and the Financial sector. It essentially just means "full costs charged for a service".

Financial Definition

In general finance terminology, an all-in rate is the rate that a financial institution uses in charging customers for accepting bankers' acceptances, consisting of the bankers' acceptance rate plus the commission.

Construction Estimate Definition

In construction terminology, an all-in rate is the total cost of an item including all direct and indirect costs for that item. These costs would include 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.
Example: All-In Labor Rate = / Total work hours