Built for government contractors

Between Excel and Deltek,
there's WrapIQ.

Turn salary data and indirect rate assumptions into defensible, audit-ready bill rates for every employee on your team. Model wrap rates, price proposals, and export clean Excel files in minutes.

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5-day free trial  ·  No credit card required  ·  Live in minutes

Rate Model FY 2026
Fringe
32%
OH
40%
G&A
15%
Fee
10%
EmployeeSalaryLoadedBill Rate
J. Williams$120K$122.6/hr$136/hr A. Chen$95K$97.1/hr$108/hr M. Patel$78K$79.7/hr$89/hr S. Johnson$65K$66.4/hr$74/hr
Wrap Multiplier
2.36×
Annual Revenue
$845K

The problem

You're pricing million-dollar contracts in a spreadsheet.

  • Formula errors that nobody catches until the bid is already out the door
  • Salary data emailed around in unprotected files anyone can forward
  • Rate assumptions rebuilt from scratch every proposal season
  • No way to instantly see the impact when overhead creeps 3%
  • Multiple versions floating around with no clear source of truth
The fix

One tool. Live rates. Audit-ready output.

WrapIQ keeps your entire rate model in one place. Change your OH assumption and every bill rate — for every employee, every proposal — updates instantly. Export to Excel with live formulas your auditor can open and verify.

Try it free →

What's inside

Everything you need to price government work correctly.

📊

Wrap rate engine

Set fringe, OH, G&A, and fee. Every fully-loaded cost and bill rate recalculates instantly across your entire team.

📋

Job costing

Build cost estimates for T&M, FFP, CPFF, and LH contracts, tied directly to your live rate model.

📁

Live Excel export

Export XLSX files with live formulas. Your contracting officer can open it, check it, and trust it.

✨

AI rate calculator

Upload a trial balance or P&L. WrapAI reads it and sets your indirect rates automatically. Pro plan.

How it works

Live in the next ten minutes.

1

Add your team

Enter names, labor categories, and salaries. Or import a CSV roster you already have.

2

Set your rates

Enter your fringe, overhead, G&A, and fee assumptions. Every bill rate updates as you type.

3

Price your bids

Create project estimates tied to your live rates. Export clean, formula-driven Excel files.

Wrap rate engine

Your rate model, live.

Adjust any indirect rate assumption and every bill rate recalculates instantly, across all employees, all proposals. The formula follows DCAA-standard indirect rate methodology.

// Fully-loaded cost
loaded = salary × (1 + fringe)
         × (1 + overhead)
         × (1 + G&A)
 
// Suggested bill rate
billRate = loaded ÷ stdHours
          ÷ (1 − fee)
 
// Wrap multiplier
wrapMult = billRate ÷ directHrRate
FFP T&M CPFF LH
Labor CategoryHrsLoadedPriceMargin
Sr. Software Eng.960$172,800$192,00010.0% Project Manager480$95,040$105,60010.0% Systems Analyst720$116,640$129,60010.0% Technical Writer240$30,240$33,60010.0%
ODCs Travel & Subsistence — $14,200
Direct labor cost$414,720
ODCs$14,200
Gross margin10.0%
CostRevenue
Total Contract Value $475,000

Job costing

Price every contract type with confidence.

Build cost estimates for any contract vehicle, tied directly to your live rate model. Snapshot rates so in-flight proposals aren't broken when you update your indirect rates.

🔐AES-256-GCM encryption at rest. Salary data is never stored in plaintext.
🏛️FAR Part 31. Rate structure follows DCAA-standard indirect cost methodology.
📅5-day free trial. No card required; data preserved if you upgrade.

Pricing

Simple, transparent pricing.

No implementation fees. No per-module costs. Cancel anytime.

Starter
$99/mo
Wrap rate modeling for one admin.
  • 1 admin user
  • Up to 20 employees
  • Full wrap rate model
  • All contract types
  • Rate card & labor categories
  • Job-costing projects
Start free trial
Team Popular
$199/mo + $39/seat
Estimating for a growing pipeline.
  • Everything in Starter
  • Up to 50 employees
  • 10 job-costing projects
  • CSV / XLSX import & export
  • Additional seats at $39/mo
  • Team management
Get started
Pro
$399/mo
Estimate and track what you win.
  • Everything in Team
  • 10 users included
  • Unlimited employees
  • Unlimited job-costing projects
  • AI rate calculator
Get started

See full plan comparison →

Start pricing bids in the next ten minutes.

No implementation. No training. Sign up and your rate model is live.

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5 days free  ·  No card required  ·  Cancel anytime