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.
Organizations that have awards containing maximum provisional rates are required to submit indirect cost proposals reconciled to financial statements within six months after the close of each accounting year during which it charged indirect costs to a federally-funded award.