All-in Rate is 1) the total cost of an item including all direct and indirect costs that is a rate by a Contractor to an Owner by which the Contractor collects direct labour cost and indirect cost including benefits and burdens, overhead, expenses, and profit on a per-hour basis. Individual contracts specify what is to be covered in the all-in rate. (e.g., in construction: All-In Labor Rate = (Total Direct Cost of Labor + Total Indirect Cost of Labor) / Total work hours); 2) the total fees and interest included in a financial transaction, or all the expenses and charges related to an operation or service of a company.
Related Definitions in the Project: The Project Cost; Construction
