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.
However, some indirect costs are not so simple to allocate to a specific department, for example, a telephone bill for the whole company. It is not worthwhile to analyze each phone call. In this case, we have a choice: 1. Allocate the total phone bill to only one department, such as the General Managers, or 2.