Latin English Online Dictionary INDEX: List of Terms: Terms beginning with A, Page 1
Negotiated Indirect Cost Rate (or Recovery) Agreement/ NICRA â agreement negotiated between an entity and their cognizant federal agency regarding the âfair shareâ of indirect costs that can be charged to federally funded projects.
Regardless of whether AOC allocates indirect costs on a pay period basis, as it does currently, or once a year, as the account adjustment statute permits, AOC must identify, calculate, and assign indirect costs using a supportable, reasonable methodology.