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.

Agency - Department of Commerce

The Department of Commerce fosters and promotes the nation's economic development and technological advancement through vigilance in international trade policy, domestic business policy and growth, and promoting economic progress at all levels.

Office - None.

See Appendix IV of the Catalog.

Program Accomplishments

Not Applicable.

Uses and Use Restrictions

To compensate fishermen at specific geographic locations negatively impacted by oil and gas obstructions in these fishing grounds.

Eligibility Requirements

Applicant Eligibility

Applicant must be a U.S.

commercial fisherman.

Beneficiary Eligibility

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. 2 CFR 200, Subpart E - Cost Principles applies to this program.

Aplication and Award Process

Preapplication Coordination

Preapplication coordination is required.

Environmental impact information is not required for this program.

This program is eligible for coverage under E.O.

12372, 'Intergovernmental Review of Federal Programs.' An applicant should consult the office or official designated as the single point of contact in his or her State for more information on the process the State requires to be followed in applying for assistance, if the State has selected the program for review.

Application Procedures

2 CFR 200, Uniform Administrative Requirements, Cost Principles, and Audit Requirements for Federal Awards applies to this program. Submit applications to Chief, Financial Services Division, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.

Award Procedures

Review and approval by Financial Services Division, NMFS.


Contact the headquarters or regional office, as appropriate, for application deadlines.


Outer Continental Shelf Lands Act Amendments of 1978, Title IV, Section 402.

Range of Approval/Disapproval Time

For two months.


Assistant Administrator, National Marine Fisheries Service, 1315 East-West Highway, Silver Spring, MD 20910.


Not Applicable.

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.

Post Assistance Requirements


Not Applicable.


In accordance with the provisions of 2 CFR 200, Subpart F - Audit Requirements, non-Federal entities that expend financial assistance of $750,000 or more in Federal awards will have a single or a program-specific audit conducted for that year. Non-Federal entities that expend less than $750,000 a year in Federal awards are exempt from Federal audit requirements for that year, except as noted in 2 CFR 200.503.



Financial Information

Account Identification



(Direct Payments with Unrestricted Use) FY 16 $0; FY 17 est $0; and FY 18 est $0 - Though NMFS has no obligated funds for FY16 this is an active program.

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.

Information Contacts

Regional or Local Office

None. See Appendix IV of the Catalog.

Headquarters Office

Charles Cooper Chief, FInancial Services Division, National Marine FIsheries Service, 1315 East-West Highway, Silver Spring, Maryland 20910 Phone: (301) 713-1306

Criteria for Selecting Proposals

Not Applicable.

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