(See Wrap Rate Video Overview Part 1 Here)
How do we model our WRAP rates?
We don’t have any company’s WRAP rates or disclosure statements, since they are proprietary and closely guarded. We also don’t hold or look for any other proprietary data from companies. To model our WRAP rates, we have built a series of sophisticated models and algorithms that take publicly available data and produce a forecast or model of the indirect WRAP rate for a company or division of a company. For public companies, a tremendous amount of data gives us insight into indirect costs. Private companies, like any company doing business with the government, leave a trail we can follow to predict indirect costs. Our 30+ year algorithms use all of these available data points to forecast a WRAP rate, and we’re typically within 3% accuracy.
Learn more about our WRAP rate analysis offering.