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What is a “federally negotiated indirect cost rate agreement”?

COST indirect negotiated rate
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What is a “federally negotiated indirect cost rate agreement”?

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This is an agreement that establishes the indirect cost rates your institution may have with the federal government. It is usually negotiated with the Department of Health and Human Services or with the Office of Naval Research. Indicate on the budget worksheet whether or not you have a federally negotiatied indirect cost rate agreement. If your institution does have this agreement, please submit a copy of this agreement as a PDF document after you submit your proposal.

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