Purpose: This calculator is intended for estimating insurance deductions during the bid process, typically prior to any contracts being signed. Use it to calculate OCIP/CCIP credits for your bid pricing. Note: Large deductible factors are applied automatically for applicable states.
Project Information
GC / Customer
Parent contractor or customer we're working under
Project Details
Total sell price for the scope
Please note: Only self-install labor is counted in the WC calculation. If you're told otherwise, please reach out to wrap.enrollment@myfbm.com.
Select the appropriate class code.
Use labor COST (payroll), not labor sell!
📊 Rate Breakdown for
Base WC Rate (5102): per $100
EMR:
Large Deductible Factor:
Effective WC Rate: per $100
📋 Subcontractor Information Required
When labor is subcontracted, we need the following information to coordinate wrap enrollment:
Insurance Deduction Results
Workers' Comp (WC)$0
General Liability (GL)$0
Umbrella/Excess$0
Subtotal$0
Overhead & Profit (15%)$0
Total OCIP/CCIP Deduction$0
No WC installation rates on file for this state.
However, if you do install work and there are no rates tied to your state, please reach out to wrap.enrollment@myfbm.com.
Note: Labor is subcontracted. WC exposure belongs to the subcontractor. Please complete the subcontractor information and notify the Wrap Enrollment team.
📧 Send to FBM Wrap Enrollment
Sends all project details and deduction results to the Wrap Enrollment team so enrollment can start right away.