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.
This particular guidance applies to colleges that: Are subject to OMB Circular A-21; Have no formal indirect cost rate agreement approved by a cognizant federal agency; and. Want to, or are currently participating in a Department of Education grant program that is subject to an 8 percent training grant limit.