Examples of ICR Agreement in a sentence
Indirect costs cannot exceed the amount allowable under the approved ICR Agreement submitted with the proposal.
Once HHS acknowledges an existing rate or approves an ICR, the Grantee will receive one of the three Indirect Cost approval letters: ICR Acknowledgement Letter, ICR Acknowledgement Letter – Ten Percent De Minimis, or the ICR Agreement Letter.
Once HHS acknowledges an existing rate or approves an ICR, the Grantee will receive one of the three indirect cost approval letters: ICR Acknowledgement Letter, ICR Acknowledgement Letter – Ten Percent De Minimis, or the ICR Agreement Letter.
Any Agreements subsequently negotiated with a Federal Agency will supersede the SBA ICR Agreement.
This new rule does not apply to organizations that have an expired ICR Agreement.
Indirect Cost Rate: The Grantee’s acknowledged or approved Indirect Cost Rate (ICR) is contained within ATTACHMENT B, BUDGET and either the ICR Acknowledgement Letter, ICR Acknowledgement Letter – Ten Percent De Minimis, or the ICR Agreement Letter is attached to this Contract and incorporated as ATTACHMENT K, INDIRECT COST RATE LETTER.
Any agreements subsequently negotiated with a federal agency will supersede the SBA ICR Agreement.
For entities using an SBA provided ICR Agreement, the following terms apply: These terms are to assist in identifying and clarifying those costs considered to be “general administrative and general expenses” noted in 2 C.F.R. § 200.
If the System Agency, at its sole discretion, approves or acknowledges an updated indirect cost rate, the new rate, together with the revised ICR Acknowledgement Letter, ICR Acknowledgement Letter – Ten Percent De Minimis, or the ICR Agreement Letter, will be included in the revised ATTACHMENT K and amended ATTACHMENT B.
Indirect Cost Rate: The Grantee’s acknowledged or approved Indirect Cost Rate (ICR) and either the ICR Acknowledgement Letter, ICR Acknowledgement Letter – Ten Percent De Minimis, or the ICR Agreement Letter is incorporated into this contract by reference.