Course 7: Indirect Cost Recovery: Maximizing Cost Recovery under Federal Grants

One of the major benefits afforded by the implementation of Uniform Guidance is the ability of non-Federal entities to negotiate rates for indirect cost recovery with the federal government. Unfortunately, many organizations still have not taken advantage of this benefit. Organizations owe it to their mission and to their stakeholders to take full advantage of and recover every dollar of funding that is available. In this session, we will discuss the benefits of establishing a Negotiated Indirect Cost Rate Agreement (NICRA) and how to leverage your organization’s indirect rates once approved by your federal cognizant agency.