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.
It is not, therefore, unusual for the federal government to require or negotiate ceilings on indirect rates. Tips. It is important to address the issue of indirect rate ceilings during both the pre-award and post-award stages of the contract.