Cognizant agency definition

Cognizant agency means the Federal agency responsible for reviewing, negotiating, and approving cost allocation plans or indirect cost proposals developed under this Circular on behalf of all Federal agencies. OMB publishes a listing of cognizant agencies.
Cognizant agency means the Federal agency assigned by the Office of Manage- ment and Budget to carry out the respon- sibilities described in paragraph 11 of this Circular.
Cognizant agency. ’ means the Federal agency responsible for reviewing, negoti- ating, and approving cost allocation plans or indirect cost proposals developed under 2 CFR part 225 on behalf of all Federal agen- cies. OMB publishes a listing of cognizant agencies.

Examples of Cognizant agency in a sentence

  • To claim any administrative costs that are also indirect costs, the applicant must obtain an Indirect Cost Rate Agreement from its Federal Cognizant agency, as specified above.

  • 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.

  • When a Federal awarding agency is the Cognizant agency for indirect costs and does not allow recipients to recover indirect costs on their awards, it is the responsibility of the cognizant agency for indirect costs to negotiate indirect costs rates.

  • A list of cog- nizant agencies for audit may be found at the FAC Web site.§ 200.19 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.

  • OMB Guidance § 200.24 § 200.18 Cognizant agency for audit.Cognizant agency for audit means the Federal agency designated to carry out the responsibilities described in§ 200.513 Responsibilities, paragraph (a).


More Definitions of Cognizant agency

Cognizant agency means the Federal agency responsible for negotiating and approving indirect cost rates for a non-profit organization on behalf of all Federal agencies.
Cognizant agency means the Defense Security Service of the U.S. Department of Defense and each and every agency sponsoring or acting as a similar cognizant security authority for any Sensitive Compartmental Information Facility maintained by Company (if any) to the extent the Defense Security Service is not recognized as the Cognizant Agency for such facility.
Cognizant agency means the federal agency responsible for reviewing, negotiating, and approving Indirect Cost Rates.
Cognizant agency. ’ means the Federal
Cognizant agency means the federal agency coordinating audit and other fiscal requirements for those organizations with grants from multiple federal agencies.
Cognizant agency means the Federal agency that is responsible for establishing final indirect cost rates and forward pricing rates, if applicable, and administering cost accounting standards for all contracts in a business unit.
Cognizant agency means a state agency which is assigned by the secretary the responsibility for implementing the requirements of sections 4-230 to 4-236, inclusive, as amended by this act;