Fishermen's Contingency Fund
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.
General information about this opportunity
Last Known Status
National Oceanic and Atmospheric Administration, Department of Commerce
Type(s) of Assistance Offered
D - Direct Payments With Unrestricted Use
Outer Continental Shelf Lands Act Amendments of 1978, Title IV, Section 402
Who is eligible to apply/benefit from this assistance?
Applicant must be a U.S. commercial fisherman.
U.S. Commercial fishermen.
Financial statements, records, logbooks, receipts, and estimates which establish that the applicant is a fisherman and owned the property for which compensation is claimed.
What is the process for applying and being award this assistance?
Preapplication coordination is required. This program is eligible for coverage under E.O. 12372, "Intergovernmental Review of Federal Programs." An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review. Refer to program guidelines
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Submit applications to Chief, Financial Services Division, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.
Review and approval by Financial Services Division, NMFS.
Contact the headquarters or regional location, as appropriate for application deadlines
Approval/Disapproval Decision Time
For two months.
Assistant Administrator, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.
How are proposals selected?
How may assistance be used?
To compensate fishermen at specific geographic locations negatively impacted by oil and gas obstructions in these fishing grounds.
What are the requirements after being awarded this opportunity?
Other Assistance Considerations
Formula and Matching Requirements
Statutory formula is not applicable to this assistance listing.
Matching requirements are not applicable to this assistance listing.
MOE requirements are not applicable to this assistance listing.
Length and Time Phasing of Assistance
N/A As determined in contract
Who do I contact about this opportunity?
Regional or Local Office
See Appendix IV of the Catalog.
1305 East West Highway
Silver Spring, MD 20910
Silver Spring, MD 20910 US
(Direct Payments with Unrestricted Use) FY 18 est $0.00; FY 16$0.00; FY 17 est $0.00; - Though NMFS has no obligated funds for FY16 this is an active program.
Range and Average of Financial Assistance
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.
Examples of Funded Projects