What are Wrap Rates?

Wrap Rates represent a firm’s indirect cost multiplier (including fringe benefits costs, overhead costs, and general and administrative costs) which is applied to its direct costs (example: direct labor charged to the firm’s Government contracts) to recover all its indirect costs. For example, a Wrap Rate of 1.95x indicates the Business Unit incurs and absorbs $95 of indirect costs on every $100 of Direct Labor (a total of $195 in overall costs, excluding fee).

Are these the actual Wrap Rates?

No. FedWraps.com Wrap Rates are developed independently based only on publicly available open-source information and our analytical process and detailed indirect cost modeling to derive the most likely wrap rate components for a specific firm.

Who uses Wrap Rates?

These products are designed for sale to the internal capture, pricing, business development and competitive intelligence (CI)/price-to-win (PTW) organizations of firms who compete as prime contractors on Federal Government bids.

What is included in FedWraps Wrap Rate Reports?

• The Reports are in MS Excel spreadsheet format.
• The format and structure of the FedWraps.com Wrap Rate Data Reports was developed in collaboration with customers who are Prime Contractors in the Federal Market and users of Wrap Rate Data Reports.
• The Wrap Rate Data Reports include insight into the Fringe, Overhead and General and Administrative components of the firm’s Wrap Rate.
• The Wrap Rate Data Reports include insight into the major indirect elements of cost for each of the components of the Wrap Rate.
• The Wrap Rates Data Reports provide both Contractor Site and Government/Field Site Wrap Rates.
• The Wrap Rate Data Reports include the likely Wrap Rates for a Firm’s:
  •  Mainstream Competitive Bids
  • Sector/Group Level Priority Bids
  • Corporate Strategic Must Win Bids
• The Wrap Rate Data Reports include Definitions and Context of the Wrap Rate Data.

How are the Wrap Rates developed?

FedWraps.com’s analysis of a firm’s likely wrap rates is based on integrating company-specific research of data available in the public domain into a comprehensive indirect rate model developed and refined over decades of independent analysis specifically in the Federal market by the Florida Institute for Studies and Analysis to derive the most likely wrap rate components for a specific firm.

Does a company have just a single Wrap Rate?

Typically, no. Companies competing in the Federal market typically have multiple cost pools and associated Wrap Rates aligned to competing in different segments of the Federal market. For example, a firm may have a systems development and integration business unit with its own rate structure (wrap rate) and a different services business unit with its own rate structure (wrap rate). The pull-down features on the FedWraps.com Wrap Rate Data Reports ordering pages help customers navigate to the desired Wrap Rate Data Report.

Can I purchase more than one Wrap Rate Report at a time?

Yes, you can purchase multiple reports at the same time. You will see each report in your cart with details on the Company, Sector/Group, Business Unit and Market Segment selected for each report. There are discounts available for multiple purchases, so please reach out to us (through the contact page or call us) for a coupon code.

How long will it take to get my report?

Wrap Rates Data Reports may take 24 – 48 hours to be fulfilled via email.

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