Features

Everything you need to price government work correctly.

WrapIQ is purpose-built for the govcon pricing workflow: rate modeling, proposal costing, audit-ready Excel exports, and AI-assisted rate extraction.

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Wrap rate engine

Your entire team's rate model — live.

Adjust any indirect rate assumption and every bill rate recalculates instantly. The engine follows DCAA-standard indirect rate methodology — fringe first, then overhead on the fringe-loaded base, then G&A on the total.

Sequential multiplicative model: fringe → OH → G&A applied in order
Non-billable (indirect) staff carry fringe only, with no OH/G&A double-counting
Configurable standard hours/yr (salary → hourly divisor) and billable hours/yr (revenue basis)
Actual bill rate overrides: enter negotiated rates that supersede the suggested calc
Wrap multiplier badge (low/mid/high) per employee and team-wide average
Revenue projection = effective bill rate × billable hours, billable staff only
Cost breakdown columns: Fringe $, OH $, G&A $ shown per employee

// Fully-loaded annual cost

loaded = salary

× (1 + fringe%) // benefits, FICA, PTO

× (1 + overhead%) // facilities, indirect staff

× (1 + G&A%) // admin, BD, legal

// Suggested bill rate / hr

billRate = (loaded ÷ stdHours) ÷ (1 − fee%)

// Wrap multiplier

wrapMult = billRate ÷ (salary ÷ stdHours)

Example — Sr. Engineer · $120K salary

Base salary$120,000 × (1 + 32% fringe)$158,400 × (1 + 40% OH)$221,760 × (1 + 15% G&A)$255,024 loaded ÷ 2,080 std hrs$122.61/hr ÷ (1 − 10% fee)$136.23/hr Wrap multiplier2.36×

Contract type: T&M FFP CPFF LH

Labor Category	Hrs	Cost/hr	Bill Rate	Revenue	Margin
Sr. Software Engineer	960	$122.61	$136.23	$130,781	10.0%
Project Manager	480	$97.06	$107.85	$51,768	10.0%
Systems Analyst	720	$79.70	$88.55	$63,756	10.0%
ODC — Travel & Subsistence (pass-through)				$12,500	—
Total Contract $258,805 Labor Margin 10.0%

Job costing

Price any contract type. Track every dollar.

Build cost estimates directly from your rate model. Add staffing lines from your rate card, set hours, and let the engine compute cost, price, and margin. Snapshot rates lock in your assumptions so a future rate change won't break an in-flight proposal.

T&M: profit embedded in bill rates; cost and price tracked separately
FFP: price = totalCost ÷ (1 − fee%); clear margin visibility
CPFF: fee applied to cost base; FAR 10% cap warning built in
LH: labor hour vehicle with ODC pass-throughs
ODC tracking with per-line G&A applicability toggle
Non-destructive rate refresh: manual overrides survive an update
Cost / price / margin summary bar with visual share-of-cost breakdown

Export & interoperability

Your auditor can open it. Your CO can trust it.

Export your rate model or project estimate to XLSX with live Excel formulas — not static values. Anyone can open the file, change an assumption, and see the math recalculate. It's the bridge between your tool and the spreadsheet world your customers and auditors live in.

XLSX export with live formulas (SheetJS), fully editable in Excel or Google Sheets
CSV export for data portability and archiving
CSV import: paste in an existing roster and populate your team in seconds
Print-to-PDF with page chooser (full view or tables only for proposal attachment)

✓ WrapIQ_Rates_2026.xlsx

              NameBill RateWrap Mult.
            

              J. Okafor
              =D4/2080/(1-$B$3)
              2.41×
            

              M. Torres
              =D5/2080/(1-$B$3)
              2.38×
            
Live formulas — change any cell, everything recalculates

✨ AI Rate Calculator Pro

Drop a trial balance, P&L, or payroll summary
PDF · CSV · Excel

Rates extracted with high confidence

Fringe rate28.3% Overhead rate22.7% G&A rate14.1% Fee / profit10.0%

Fringe: Derived from Schedule H indirect cost schedule. Employer FICA $183K, health insurance $315K, PTO accrual $119K, 401(k) match $59K on $2.39M direct salary base.

AI rate calculator

Your rates, extracted automatically.

Upload a trial balance, profit & loss statement, or payroll summary. WrapAI reads the document, identifies your indirect cost pools and bases, and populates your fringe, overhead, G&A, and fee assumptions automatically, with a plain-English explanation of how each rate was derived.

Supports PDF financial statements and CSV/Excel exports
Extracts fringe, overhead, G&A, and fee / profit rates
Plain-English derivation notes for each rate
Confidence rating (high / medium / low) per extraction
Review and adjust before applying; you stay in control
Available on the Pro plan

Team & security

Built for teams. Locked down by default.

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Role-based access

Admins manage billing, team membership, and rate imports. Members can edit the model and create project estimates. One clear dividing line.

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Encryption at rest

All employee names, salaries, and rate data are encrypted with AES-256-GCM before being stored. Raw storage contains only ciphertext, not readable by anyone without the key.

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Multi-tenant isolation

Every organization's data is fully isolated. No cross-org reads are possible, enforced server-side on every API request and not just hidden in the UI.

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Secure auth

PBKDF2-SHA256 passwords with per-user salt and 100,000 iterations. HttpOnly, Secure, SameSite=Strict session cookies. 24-hour expiry.

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Team invites

Invite members by email. They set their own password via a 48-hour secure link. Admins can promote, demote, or remove members at any time.