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.
Generally, indirect cost rate structures for commercial organizations follow a single, two-rate (for example, fringe and overhead rates), or three-rate (for example, fringe, overhead, and General and Administrative expense rates) system.