Common use of Cognizant agency for indirect costs Clause in Contracts

Cognizant agency for indirect costs. Cognizant agency for indirect costs means the Federal agency responsible for reviewing, negotiating, and approv- ing cost allocation plans or indirect cost proposals developed under this part on behalf of all Federal agencies. The cognizant agency for indirect cost is not necessarily the same as the cog- nizant agency for audit. For assign- ments of cognizant agencies see the following:

Cognizant agency for indirect costs. Cognizant agency for indirect costs means the Federal agency responsible for reviewing, negotiating, and approv- ing cost allocation plans or indirect cost proposals developed under this part on behalf of all Federal agencies. The cognizant agency for indirect cost is not necessarily the same as the cog- nizant agency for audit. For assign- ments of cognizant agencies see the following:.