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Fishermen's Contingency Fund

Program Descriptions

Program Number

11.408

Title

Fishermen's Contingency Fund

 

Federal Agency

NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE

 

Authorization

Outer Continental Shelf Lands Act Amendments of 1978, Title IV, Section 402.

 

Status

Active

 

Objectives

To compensate U.S. commercial fishermen for damage/loss of fishing gear and 50 percent of resulting economic loss due to oil and gas related activities in any area of the Outer Continental Shelf.

 

Types of Assistance

Direct Payments with Unrestricted Use.

 

Uses and Use Restrictions

None.

 

Eligibility Requirements

Applicant Eligibility

Applicant must be a U.S. commercial fisherman.

Beneficiary Eligibility

U.S. Commercial fishermen.

Credentials/Documentation

Financial statements, records, logbooks, receipts, and estimates which establish that the applicant is a fisherman and owned the property for which compensation is claimed.

 

Application and Award Process

Preapplication Coordination

This program is excluded from coverage under E.O. 12372.

Application Procedure

Submit applications to Chief, Financial Services Division, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.

Award Procedure

Review and approval by Financial Services Division, NMFS.

Deadlines

Ninety day statutory filing period for claims. Presumption of causation allowed if reported within 15 days after the vessel first returns to port from the trip of the casualty.

Range of Approval/Disapproval Time

For two months.

Appeals

Assistant Administrator, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.

Renewals

 

Assistance Considerations

Formula and Matching Requirements

Not applicable.

Length and Time Phasing of Assistance

Not applicable.

 

Post Assistance Requirements

Reports

None.

Audits

In accordance with the provisions of OMB Circular No. A- 133 (Revised, June 27, 2003), recipients that are States, Local Governments, Nonprofit Organizations (to include Hospitals), and Institutions of Higher Learning shall be subject to the audit requirements contained in the Single Audit Act Amendments of 1996 (31 U.S.C. 7501-7507). Commercial organizations shall be subject to the audit requirements as stipulated in the award document.

Records

None.

 

Financial Information

Account Identification

13-5120-0-2-376.

Obligations

FY 07 $175,000; FY 08 est not available; and FY 09 est not reported.

Range and Average of Financial Assistance

$500 to $54,000. Average: $6,000.

 

Program Accomplishments

For FY 2006 and 2007, 25 claims are estimated.

 

Regulations, Guidelines and Literature

Available from Chief, Financial Services Division, National Marine Fisheries Service. 43 U.S.C. 1841 et seq; 50 CFR Part 296.

 

Information Contacts

Regional or Local Office

See Appendix IV of the Catalog.

Headquarters Office

Chief, Financial Services Division, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910. Telephone: (301) 713-2396. Fax: (301) 713-1306. E-mail: Charles.Cooper@noaa.gov.

Web Site Address

http://www.nmfs.noaa.gov/mb/financial_services/fcf.htm

 

Related Programs

None.

 

Examples of Funded Projects

Not applicable.

 

Criteria for Selecting Proposals

Not applicable.



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