Can a CS request and receive additional funds for ICR if actual rates associated with its NICRA replace any provisional rates in effect when the agreement was signed?
A CS can request additional funds due to ICR rate increases; however, due to fiscal year program constraints, CCC may not be able to accommodate the request. For an increase in ICR allocations through monetization funds, CCC may be able to more easily accommodate this request. However, CCCs response will rely on the CSs ability to show that removing project funds will not adversely affect the projects.
Related Questions
- Can a CS request and receive additional funds for ICR if actual rates associated with its NICRA replace any provisional rates in effect when the agreement was signed?
- If the actual ICR rate associated with a CS NICRA decreases, does the CS have to recalculate its ICR application and return overpayments to CCC?
- How is a request for additional funds processed for promotional plans (no-interest if paid in full within 6, 12, 18 or 24 months)?
