Idea Timeline for Getting Your Negotiated Indirect Cost Rate (NICRA)

Fiscal Year Begins

Apply NICRA to Awards for the Applicable FY

Prepare Indirect Cost Rate Proposal (ICRP) for Upcoming FY

6 Months Into FY

Submit full ICRP to DOI for Negotiation

DOI Negotiates Rate (Takes 4-6 months)

Fiscal Year Ends

Receive and Countersign Updated NICRA

Next Fiscal Year Begins

Apply updated NICRA to Awards for Applicable FY
(Begin process again)