Common use of Indirect Rates Clause in Contracts

Indirect Rates. Indirect rates such as fringe, overhead, and general and administrative (G&A) that have not been approved by a U.S. Government agency in a NICRA (Negotiated Indirect Cost Rate Agreement) may not be charged in this agreement. If the organization does not have a NICRA, then all costs should be direct charged appropriately, and the applicant should include its allocation methodology and supporting costs. All costs charged to the project shall be directly related to the implementation of the proposed activities. If the offeror will include fringe benefit or overhead rates, the offeror should include documentation to justify the rates charged, for example a U.S. Government agency approved Negotiated Indirect Cost Rate Agreement (NICRA). FHI 360 has a 20 percent cost share requirement under this award. Applicants are expected provide cost share at a target rate of 20 percent at minimum. Cost share can be comprised of any of the following: use of capital funds from non-U.S. Government sources; contribution of donated equipment or other material resources from non-U.S. Government sources; use of volunteer or reduced rate labor. All cost share contributions are to be monetized and included in the monthly financial reporting. All cost share shall meet the requirements outlined in 22CFR226.23. Applicants must submit their cost share proposal as part of their application.