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.
Agencies also must conduct market research before releasing a solicitation for anything worth more than the simplified acquisition threshold. Contracting officers must also require companies submitting a response to a request for quote under simplified acquisition procedures to certify that their prices are independently determined.