Program Description
The Fishermen's Contingency Fund (FCF) was established to compensate fishermen for economic and property losses caused by oil and gas obstructions on the U.S. Outer Continental Shelf. The fund was established in the U.S. Department of the Treasury, without fiscal year limitation, as a revolving fund comprised of assessments paid by offshore oil and gas interests. Compensation for economic loss is based on 50 percent of gross income lost, rather than loss of profits.
General Program Requirements
In order to be eligible for this benefit, you must be a commercial fisherman. Fishermen who can prove that they suffered losses in income due to inability or reduced capacity to fish as a result of the damage sustained by oil and gas obstructions on the U.S. Outer Continental Shelf may be eligible for compensation for economic loss and property loss or damage.
Application Process
For more information, see the Program Contact Information below.
Program Contact Information
For more information, contact:
FCF Program
Financial Services Division (F/MB5)
Claretta Jackson
National Marine Fisheries Service
1315
East West Highway
Silver Spring, MD 20910
(301) 713-2396
You may also visit the following website for more
information:
http://www.nmfs.noaa.gov/mb/financial_services/fcf.htm
Managing Agency
U.S. Department of Commerce
http://www.doc.gov/
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