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.
1 When the State agency reviews the local agencies' indirect cost rate agreements, the review includes (check all that apply): 2  required submission of indirect cost agreement by the local agency to the State agency.  assessment of how the rate or method is applied (correct time period, percentage, and base)