Fishermen's Guaranty Fund
To provide for reimbursement of losses incurred as a result of the seizure of a U.S. commercial fishing vessel by a foreign country on the basis of rights or claims in territorial waters or on the high seas, which are not recognized by the United States. Effective November 28, 1990, the United States acknowledges the authority of coastal States to manage highly migratory species, thus reducing the basis for valid claims under the Fishermen's Protective Act.
General information about this opportunity
Last Known Status
Bureau of Oceans and International Environmental and Scientific Affairs, Department of State
Type(s) of Assistance Offered
B - Project Grants; G - Insurance
Foreign Assistance Act of 1961, 87-195, 75, US Code 22 USC 2151
Who is eligible to apply/benefit from this assistance?
Must be a U.S. citizen and the owner or charterer of a fishing vessel documented as such by the United States. Reimbursement of losses and costs (other than fines, license fees, registration fees and other direct costs which are reimbursable through the Secretary of State) incurred as a result of seizure. The vessel must be documented or certified under the laws of the United States.
Must be a U.S. citizen and the owner or charterer of a fishing vessel documented as such by the United States, and must have paid a premium fee, if one is required, for the year in which the seizure occurs.
Proof of documentation of vessel and proof of claim.
What is the process for applying and being award this assistance?
Preapplication coordination is required. For specific information, please see announcement on www.Grants.gov
2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Any owner desiring to enter into an agreement with the Secretary of State under the authority of Section 7 of the Act shall make application to the Office Director, Office of Marine Conservation, Bureau of Oceans and International Environmental and Scientific Affairs, Room 5806, Department of State, Washington, DC 20520-7818. The application shall be accompanied by a fee if required, in the amount established by a fee schedule in effect at the time of application. After agreement is executed, no fee paid or portion thereof is returnable. Application for reimbursement of losses will be accepted only from insured owners.
Review and approval will be made by the Assistant Secretary for Oceans and International Environmental and Scientific Affairs, Department of State.
Approval/Disapproval Decision Time
How are proposals selected?
How may assistance be used?
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
From effective date of agreement for balance of fiscal year ending on September 30. For specific information, please see announcement on www.Grants.gov
Who do I contact about this opportunity?
Regional or Local Office
2201 C Street, N.W.
Washington, DC 20520 USA
(Project Grants) FY 18$3,424,500.00; FY 19 est $2,676,200.00; FY 20 Estimate Not Available -
Range and Average of Financial Assistance
Regulations, Guidelines and Literature
22 U.S.C 1971-77; 22 CFR 33, as amended.
Examples of Funded Projects