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| 11.408 FISHERMEN'S CONTINGENCY FUND |
| (Title IV) |
| FEDERAL AGENCY |
| NATIONAL OCEANIC AND ATMOSPHERIC ADMINISTRATION, DEPARTMENT OF COMMERCE |
| AUTHORIZATION |
| Outer Continental Shelf Lands Act Amendments of 1978, Title IV, Section 402. |
| 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. |
| 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. |
| Preapplication Coordination |
| This program is excluded from coverage under E.O. 12372. |
| Application Procedure |
| 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 |
| Ninety day statutory filing period for claims. Presumption of causation allowed if reported within 15 days after the vessel first returns to port from the trip of the casualty. |
| 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. |
| Formula and Matching Requirements |
| Not applicable. |
| Length and Time Phasing of Assistance |
| Not applicable. |
| Reports |
| None. |
| Audits |
| 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. |
| Account Identification |
| 13-5120-0-2-376. |
| Obligations |
| FY 07 $175,000; FY 08 est not available; and FY 09 est not reported. |
| Range and Average of Financial Assistance |
| $500 to $54,000. Average: $6,000. |
| PROGRAM ACCOMPLISHMENTS |
| For FY 2006 and 2007, 25 claims are estimated. |
| 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. |
| Regional or Local Office |
| See Appendix IV of the Catalog. |
| Headquarters Office |
| Chief, Financial Services Division, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910. Telephone: (301) 713-2396. Fax: (301) 713-1306. E-mail: Charles.Cooper@noaa.gov. |
| Web Site Address |
| http://www.nmfs.noaa.gov/mb/financial_services/fcf.htm |
| RELATED PROGRAMS |
| None. |
| EXAMPLES OF FUNDED PROJECTS |
| Not applicable. |
| CRITERIA FOR SELECTING PROPOSALS |
| Not applicable. |
|
General Services Administration Office of Chief Acquisition Officer Regulatory and Federal Assistance Division (VIR) |
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