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Fishermen's Contingency Fund

Title IV
Number: 11.408
Agency: Department of Commerce
Office: National Oceanic and Atmospheric Administration (NOAA)

Program Information 

Program Number/Title (010):
11.408 Fishermen's Contingency Fund
Federal Agency (030):
National Oceanic and Atmospheric Administration (NOAA), Department of Commerce
Authorization (040):
Outer Continental Shelf Lands Act Amendments of 1978, Title IV, Section 402.
Objectives (050):
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 (060):
DIRECT PAYMENTS WITH UNRESTRICTED USE
Uses and Use Restrictions (070):
None.
Eligibility Requirements (080)
Applicant Eligibility (081):
Applicant must be a U.S. commercial fisherman.
Beneficiary Eligibility (082):
U.S. Commercial fishermen.
Credentials/Documentation (083):
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 (090)
Preapplication Coordination (091):
Preapplication coordination is required. Environmental impact information is not required for this program. This program is excluded from coverage under E.O. 12372.
Application Procedures (092):
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 (093):
Review and approval by Financial Services Division, NMFS.
Deadlines (094):
Contact the headquarters or regional office, as appropriate, for application deadlines.
Range of Approval/Disapproval Time (095):
For two months.
Appeals (096):
Assistant Administrator, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.
Renewals (097):
Not Applicable.
Assistance Consideration (100)
Formula and Matching Requirements (101):
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 (102):
N/A. See the following for information on how assistance is awarded/released: As determined in contract.
Post Assistance Requirements (110)
Reports (111):
Not Applicable.
Audits (112):
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.
Records (113):
None.
Financial Information (120)
Obligations (122):
(Direct Payments with Unrestricted Use) FY 11 $0; FY 12 est $0; and FY 13 est $350,000
Range and Average of Financial Assistance (123):
No Data Available.
Program Accomplishments (130):
Not Applicable.
Regulations, Guidelines, and Literature (140):
Available from Chief, Financial Services Division, National Marine Fisheries Service. 43 U.S.C. 1841 et seq; 50 CFR Part 296.
Information Contacts (150)
Regional or Local Office (151) :
None. See Appendix IV of the Catalog.
Headquarters Office (152):
Charles Cooper Chief, FInancial Services Division, National Marine FIsheries Service, 1315 East-West Highway, Silver Spring, Maryland 20910 Phone: (301) 713-1306
Website Address (153):
http://www.nmfs.noaa.gov/mb/financial_services/fcf.htm.
Examples of Funded Projects (170):
Not Applicable.
Criteria for Selecting Proposals (180):
Not Applicable.