Charge-out rate - Revision history

Designing Buildings at 07:15, 21 October 2020

2020-10-21T07:15:55Z

← Older revision		Revision as of 07:15, 21 October 2020
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	Tradespeople, such as plumbers or joiners, may charge separately for materials used.		Tradespeople, such as plumbers or joiners, may charge separately for materials used.

−	~~= Find out more =~~	+	= Related articles on Designing Buildings Wiki =
−		+
−	=== Related articles on Designing Buildings Wiki ===	+

	* [[Architect%27s_fees\|Architect’s fees.]]		* [[Architect%27s_fees\|Architect’s fees.]]
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	* Unit rates basis of payment.		* Unit rates basis of payment.

−	[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]	+	[[Category:DCN_Definition]] [[Category:DCN_Guidance]] [[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]

Designing Buildings at 10:42, 14 December 2018

2018-12-14T10:42:18Z

← Older revision		Revision as of 10:42, 14 December 2018
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	* [[Architect%27s_fees\|Architect’s fees.]]		* [[Architect%27s_fees\|Architect’s fees.]]
	* Business rates.		* Business rates.
		+	* Construction person year.
	* Fees.		* Fees.
	* Hourly rate.		* Hourly rate.

Editor at 18:21, 18 June 2018

2018-06-18T18:21:16Z

← Older revision		Revision as of 18:21, 18 June 2018
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	* Business rates.		* Business rates.
	* Fees.		* Fees.
		+	* Hourly rate.
	* Planning fees.		* Planning fees.
	* Schedule of rates for construction.		* Schedule of rates for construction.

Designing Buildings at 15:42, 5 March 2018

2018-03-05T15:42:34Z

← Older revision		Revision as of 15:42, 5 March 2018
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−	~~The~~ charge-out rate is ~~a method that can be~~ used ~~for allocating~~ costs of a resource that is shared among multiple users. In construction, ~~this~~ is often used to ~~quote~~ for ~~fees of~~ a labour resource, taking into account unproductive and non-chargeable hours.	+	A charge-out rate is typically used to allocate the costs of a resource that is shared among multiple users. In construction, it is often used to calculate fees for a labour resource, taking into account unproductive and non-chargeable hours.

−	Chargeable hours are those that are spent providing direct services to a client. For example, ~~an architect will often decide on~~ their fee by multiplying the number of hours a particular job will take by a ~~standard~~ charge-out rate, which enables them to cover their costs. ~~The architect may work approximately 2,000 hours per year. However, with~~ holidays, sick leave and other ~~jobs being taking into consideration, they may only have a certain number of hours which they can charge to the client~~.	+	Chargeable hours are those that are spent providing direct services for a client. For example, a consultant may calculate their fee by multiplying the number of hours a particular job will take by a charge-out rate, which enables them to cover their costs. This rate must take into account holidays, sick leave and other non-chargeable work.

−	There is no fixed method of calculating ~~the~~ charge-out rate~~, as organisations vary~~, however, ~~using the~~ example ~~of an architect: they would~~ calculate the annual cost of their labour (including salary, benefits and taxes), plus overhead costs and a profit allowance~~. Other labourers, e.g. plumbers or joiners, may charge separately for materials used or include it in their total~~. Then, the total amount is divided by the total chargeable hours per year to arrive at ~~the~~ charge-out rate.	+	There is no fixed method of calculating a charge-out rate, however, a consultant for example, might calculate the annual cost of their labour (including salary, benefits and taxes), plus overhead costs and a profit allowance. Then, the total amount is divided by the total chargeable hours per year to arrive at a charge-out rate.
		+
		+	Tradespeople, such as plumbers or joiners, may charge separately for materials used.

	= Find out more =		= Find out more =
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

−	* [[Architect~~'s_fees~~\|Architect’s fees.]]	+	* [[Architect%27s_fees\|Architect’s fees.]]
	* Business rates.		* Business rates.
	* Fees.		* Fees.

Editor at 17:39, 26 February 2018

2018-02-26T17:39:34Z

← Older revision		Revision as of 17:39, 26 February 2018
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	=== Related articles on Designing Buildings Wiki ===		=== Related articles on Designing Buildings Wiki ===

−	* Architect’s fees.	+	* [[Architect's_fees\|Architect’s fees.]]
	* Business rates.		* Business rates.
	* Fees.		* Fees.

Editor: Created page with "The charge-out rate is a method that can be used for allocating costs of a resource that is shared among multiple users. In construction, this is often used to quote for fees of ..."

2018-02-26T17:39:13Z

Created page with "The charge-out rate is a method that can be used for allocating costs of a resource that is shared among multiple users. In construction, this is often used to quote for fees of ..."

New page

The charge-out rate is a method that can be used for allocating costs of a resource that is shared among multiple users. In construction, this is often used to quote for fees of a labour resource, taking into account unproductive and non-chargeable hours.

Chargeable hours are those that are spent providing direct services to a client. For example, an architect will often decide on their fee by multiplying the number of hours a particular job will take by a standard charge-out rate, which enables them to cover their costs. The architect may work approximately 2,000 hours per year. However, with holidays, sick leave and other jobs being taking into consideration, they may only have a certain number of hours which they can charge to the client.

There is no fixed method of calculating the charge-out rate, as organisations vary, however, using the example of an architect: they would calculate the annual cost of their labour (including salary, benefits and taxes), plus overhead costs and a profit allowance. Other labourers, e.g. plumbers or joiners, may charge separately for materials used or include it in their total. Then, the total amount is divided by the total chargeable hours per year to arrive at the charge-out rate.

= Find out more =

=== Related articles on Designing Buildings Wiki ===

* Architect’s fees.
* Business rates.
* Fees.
* Planning fees.
* Schedule of rates for construction.
* Unit rates basis of payment.

[[Category:Contracts_/_payment]] [[Category:Cost_/_business_planning]] [[Category:Procurement]]