Wrap Rate Calculator
If Your Wrap Rate Is Wrong, Your Price Is Wrong.
Most small GovCon contractors have never calculated their actual wrap rate. They use a number they heard somewhere, a rate from a proposal template, or worse — they guess.
The Solvability Wrap Rate Calculator changes that.
Know Your True Cost
Your wrap rate shows whether your bid price covers the real cost of doing business, including fringe, overhead, G&A, and fee.
How It Works
The Calculator Walks You Through Your Cost Structure in Layers
001
Direct Labor
Start with your base hourly labor cost. This is the foundation of your wrap rate calculation.
002
Fringe Benefits
Add fringe benefits applied to direct labor, so your employee-related costs are properly included.
003
Overhead and G&A
Add overhead and G&A to understand how your indirect costs affect your fully burdened rate.
004
Fee
Add your fee or profit margin so you can see the full wrap rate used to price your work.
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SOLVABILITY
Wrap Rate Calculator
Enter 1.0000 under Direct Labor to calculate your multiplier. Then replace 1.0000 with your actual hourly rate to see your Billing Rate to the Government.
GovCon Indirect Rate Stack
Start with DL = 1.0000 to find your multiplier
| Code | Description | Rate | Amount |
|---|---|---|---|
| DL | Direct Labor Base hourly wage |
||
| FR | Fringe Applied to DL |
% |
0.2158 |
| OH | Overhead Applied to DL + FR |
% |
0.0243 |
| G&A | G&A Applied to DL + FR + OH |
% |
0.1488 |
| FBLC | Fully Burdened Labor Cost DL + FR + OH + G&A |
1.3889 | |
| FEE | Fee Applied to FBLC |
% |
0.1111 |
| FBLF | Fully Burdened Labor with Fee Billing Rate to Government |
1.5000 |
How to use this calculator
- Start with Direct Labor = 1.0000 to calculate your wrap rate multiplier.
- Adjust the rate percentages to match your actual indirect rates.
- FBLC (Fully Burdened Labor Cost) is your break-even floor — the minimum you must recover before any profit.
- Add your Fee on top of FBLC to get your Billing Rate to the Government (FBLF).
- Once you know your multiplier, replace 1.0000 with any hourly wage to see the fully-loaded billing rate for that employee.
Stop Guessing. Start Knowing.
Now that you know your wrap rate, let's talk about what it means for your bids and your business.
Schedule your 15 Minute Discovery Call
Get the free Wrap Rate Guide
A plain-English walkthrough of fringe, overhead and G&A, and exactly how each rate is calculated. Enter your email and we send it to you.
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