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. The program(s) to which the rate(s) is/are applicable. It also provides information on the base(s) used to distribute indirect costs, and the treatment of fringe benefits and paid absences.