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.
In response to the new federal regulations Title 2 Code of Federal Regulations Part 200, the California Department of Transportation (Caltrans), and in cooperation with the Federal Highway Administration, has revised its processes to provide local government agencies different options for the submittal of an indirect cost allocation plan/indirect cost rate proposal (ICAP/ICRP) for fiscal years beginning ON OR AFTER JULY 1, 2015.