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
Agency: Department of Commerce
Office: National Oceanic and Atmospheric Administration (NOAA)
Type(s) of Assistance Offered
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. This program is excluded from coverage under OMB Circular No. A-87.
What is the process for applying and being award this assistance?
Preapplication coordination is required. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.
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.
Review and approval by Financial Services Division, NMFS.
Contact the headquarters or regional office, 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?
What are the requirements after being awarded this opportunity?
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.
Other 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.
Who do I contact about this opportunity?
Regional or Local Office
None. See Appendix IV of the Catalog.
Charles Cooper Chief, FInancial Services Division, National Marine FIsheries Service, 1315 East-West Highway, Silver Spring, Maryland 20910 Phone: (301) 713-1306
(Direct Payments with Unrestricted Use) FY 11 $0; FY 12 est $0; and FY 13 est $350,000
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.
Examples of Funded Projects