Large statically indeterminate truss and frame structures exhibit complex load-bearing behavior, and redundancy matrices are helpful for their analysis and design. Depending on the task, the full redundancy matrix or only its diagonal entries are required. The standard computation procedure has a high computational effort. Many structures fall in the category of moderately redundant, i.e., the ratio of the statical indeterminacy to the number of all load-carrying modes of all elements is less one half. This paper proposes a closed-form expression for redundancy contributions that is computationally efficient for moderately redundant systems. The expression is derived via a factorization of the redundancy matrix that is based on singular value decomposition. Several examples illustrate the behavior of the method for increasing size of systems and, where applicable, for increasing degree of statical indeterminacy.