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What is an indirect cost negotiation agreement?

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What is an indirect cost negotiation agreement?

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An indirect cost negotiation agreement is a document that formalizes the indirect cost rate negotiation process. This document contains the type of rate(s) negotiated, the effective period (s) of the rate(s), the location(s) to which the rate(s) is (are) applicable and the program(s) to which the rate(s) is (are) applicable. It also provides information on the base(s) used to distribute indirect costs, and the treatment of fringe benefits and paid absences. The indirect cost negotiation agreement must be signed by both the organizationā€˜s authorized representative and the DOI Indirect Cost Coordinator or authorized representative.

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