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What is an Indirect Rate?

For those of you who are new to government contracting, and in particular cost reimbursable government contracting, the jargon can sound as strange as an unfamiliar foreign language.

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What is a Wrap Rate?

For many companies who have the federal government as a customer, a key business statistic is the “wrap rate”.

A wrap rate is normally attributed to the pricing of the labor component of a contractor’s revenue model. The wrap rate provides a shortcut method of determining the cost of a unit of labor before profit is...

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