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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?

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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?

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In the case of dollar funding from CCC, if the rate in the NICRA declines and all of the dollars are not expended, CCC would subtract the remaining dollars from the final cash disbursement. Note that ICR is applied at the time of actual expenditure. In the case of funding from monetization, CCC requires that any excess funding derived from a decreased ICR rate be put into the approved projects. This change must be approved by the General Sales Manager through the amendment process.

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