Fishermen's Contingency Fund (11.408)
Program
11.408 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.
Program Number
11.408
Last Known 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, Maryland 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
Appeals
Assistant Administrator, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, Maryland 20910.
Renewals
Not applicable.
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 24, 1997), 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.
Program Accomplishments
In fiscal year 2002, 26 claims were paid. An estimated 25 claims will be paid in fiscal year 2002 and an estimated 25 claims will be paid in fiscal year 2003.
Financial Information
Account Identification
13-5120-0-2-376.
Obligations
(Direct payments) FY 02 $269,100; FY 03 est $300,000; and FY 04 est $300,000.
Range and Average of Financial Assistance
$500 to $54,000. Average: $6,000.
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.
Related Programs
None.
Information Contacts
Regional or Local Office
See Appendix IV of the Catalog.
Headquarters Office
Michael Grable, Chief, Financial Services Division, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910. Telephone: (301) 713-2396. Use the same number for FTS. Fax: (301) 713-1306. Email: Charles.Cooper@noaa.gov.
Web Site Address
Examples of Funded Projects
Not applicable.
Criteria for Selecting Proposals
Not applicable.
