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.
An indirect cost negotiation agreement is a document that formalizes the indirect cost rate negotiation process. This document typically contains: The type of rate(s) negotiated; The effective period(s) of the rate(s); The location(s) to which the rate(s) is/are applicable; and,