For the purposes of this subchapter, the term:
(1) "Certified Public Accountant" means a person licensed in the District as a Certified Public Accountant in the District pursuant to 17 DCMR § 2500, et seq., or any successor regulations.
(2) "Indirect costs" shall have the same meaning as provided in 2 C.F.R. § 200.56, or any successor regulations.
(3) "NICRA" means a Negotiated Indirect Cost Rate Agreement that reflects an indirect cost rate negotiated between the federal government and a grant or contract awardee, which is used to calculate an awardee's compensation by federal agencies for indirect costs.
(4) "Nonprofit organization" means an organization that is tax exempt under 26 U.S. Code § 501(c)(3), (4), or (6).
(5) "OMB Uniform Guidance" means the Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards and any related guidance published by the Office of Management and Budget, located at 2 C.F.R. § 200 et seq., or any successor regulations.
(Mar. 16, 2021, D.C. Law 23-185, § 2, 68 DCR 001021.)
Structure District of Columbia Code