NICRA definition

NICRA means a Negotiated Indirect Cost Rate Agreement that reflects an indirect cost
View Source
NICRA means a Negotiated Indirect Cost Rate Agreement, which is an agreement that estimates the indirect cost rate negotiated between the federal government and a grantee organization that reflects indirect costs and fringe benefit expenses incurred by the organization that the federal government may reimburse.
View Source
NICRA means the Negotiated Indirect Cost Rate Agreement, a document that reflects a negotiated rate with a Cognizant Agency.
View Source

Examples of NICRA in a sentence

  • This will either be in the form of a NICRA (preferred) or other negotiated indirect rate that has occurred based on financial proof of rates.] Contractor shall make no change to its established rate nor to its established method of classifying or allocating indirect costs without prior written approval from Mercy Corps.

  • For rates greater than 10%, the payment recipient shall provide either an applicable negotiated indirect cost rate agreement (NICRA) from a cognizant Federal agency, or an indirect cost rate summary in a format that clearly defines the indirect cost rate and MTDC.

  • If a new NICRA is issued during the life of the grant, it must be provided to DOL within 30 days of issuance.

  • A current federally approved Negotiated Indirect Cost Rate Agreement (NICRA) or current federally approved Cost Allocation Plan (CAP) has been provided – copy attached.

  • For instance, if an organization is claiming indirect costs, the required documentation is a NICRA or CAP issued by the award recipient’s FCA.

  • The Cooperator will be reimbursed for indirect costs or allowed to cost-share at the rate reflected in the agreement until the rate is formalized in the negotiated indirect cost rate (NICRA) at which time, reimbursements for prior indirect costs or cost-sharing may be subject to adjustment.

  • The remaining funds which have been awarded for Indirect Costs are restricted and may not be used for any purpose until the awardee provides a signed copy of the NICRA or CAP and the restriction is lifted by the Grant Officer.

  • Upon receipt of the NICRA or CAP, ETA will issue a grant modification to the award to remove the restriction on those funds.

  • Failure to submit an indirect cost proposal by the above date means the grantee will not receive further reimbursement for indirect costs until a signed copy of the federally approved NICRA or CAP is provided and the restriction is lifted by the Grant Officer.

  • A current Federally approved Negotiated Indirect Cost Rate Agreement (NICRA) or current Federally approved Cost Allocation Plan (CAP) has been provided – copy attached.