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All-inclusive typically means the following :
1. You are a separate entity responsible for all accounting
2. You are responsible for dividing your gross receipts into appropriate local / state/ federal taxes (and paying them out of your receipts).
3. You will need to hire an accountant to make sure #2 is completed correctly.
4. If you want vacation time, it will be non-paid.
5. If you want education / conferences , the cost comes out of your pocket.
6. Office supplies, computers, etc, are out of your pocket.
7. Additional terms are usually applied to the contract that will result in additional out of pocket expenses.
examples are
a. Airfare
b. Mileage
c. Conference calls
You will need to look at the contract details to see how often #7 occurs to determine correct rates. (Ensure there are definite work sites, travel destinations defined).
All-inclusive is typically referred to as 1099 billing. This means you are bidding on EXACTLY what you expect to receive in re-imbursement at the end of the year.
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