Welcome to Award Advisors, your premier destination for professional Indirect Cost Rate Consultants.
We specialize in helping federally funded organizations navigate the complexities of indirect cost rates and secure their Negotiated Indirect Cost Rate Agreement (NICRA). Our team of experienced consultants is dedicated to ensuring your organization maximizes its funding efficiency and compliance with federal regulations.
A Negotiated Indirect Cost Rate Agreement (NICRA) is a formal agreement between an organization and a federal agency that establishes the indirect cost rate that the organization can apply to its federal grants and contracts. The NICRA process involves submitting a detailed proposal outlining the organization's indirect costs and negotiating with the federal agency to determine a fair and acceptable rate. This agreement helps ensure that organizations are adequately compensated for their indirect costs, allowing them to allocate more resources to their mission-driven activities.
WORKING TOGETHER
We develop tailored strategies to help your organization maximize indirect cost recovery.
We've prepared hundreds of indirect cost proposals and know which elements are essential for compliance with agency requirements.
We actively support our clients during negotiations and advocate for the best possible rates.
NICRA management and monitoring is one of core competencies and we will remain your trusted advisor for years to come.
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