Fishermen's Contingency Fund (11.408)

Program

11.408 Fishermen's Contingency Fund

Federal Agency

Agency: Department of Commerce
Office: National Oceanic and Atmospheric Administration (NOAA)

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. This program is excluded from coverage under OMB Circular No. A-87.

Application and Award Process

Preapplication Coordination

Preapplication coordination is required. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.

Application Procedure

This program is excluded from coverage under OMB Circular No. A-102. This program is excluded from coverage under OMB Circular No. A-110. 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

Contact the headquarters or regional office, as appropriate, for application deadlines.

Range of Approval/Disapproval Time

For two months.

Appeals

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

Renewals

Not Applicable.

Assistance Considerations

Formula and Matching Requirements

This program has no statutory formula.

Matching requirements are not applicable to this program.

MOE requirements are not applicable to this program.

Length and Time Phasing of Assistance

N/A. See the following for information on how assistance is awarded/released: As determined in contract.

Post Assistance Requirements

Reports

Audits

In accordance with the provisions of OMB Circular No. A-133 (Revised, June 27, 2003), "Audits of States, Local Governments, and Non-Profit Organizations," nonfederal entities that expend financial assistance of $500,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Nonfederal entities that expend less than $500,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in Circular No. A-133. 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.

Program Accomplishments

Not Applicable.

Financial Information

Account Identification

13-5120-0-2-376.

Obligations

(Direct Payments with Unrestricted Use) FY 08 $227,900; FY 09 est $230,000; FY 10 est not reported.

Range and Average of Financial Assistance

No Data Available.

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

Not Applicable.

Information Contacts

Regional or Local Office

None. See Appendix IV of the Catalog.

Headquarters Office

Charles Cooper Chief, FInancial Services Division, National Marine FIsheries Service, 1315 East-West Highway, Silver Spring, Maryland 20910 Phone: (301) 713-1306

Web Site Address

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

Examples of Funded Projects

Not Applicable.

Criteria for Selecting Proposals

Not Applicable.